The Company recognizes the following paid holidays:
- New Year’s Day (January 1)
- Memorial Day (last Monday in May)
- Independence Day (July 4)
- Labor Day (first Monday in September)
- Thanksgiving (fourth Thursday in November)
- Christmas (December 25)
- Two floating holidays, the dates of which will be determined by division management annually
The Company will grant paid holiday time off to all eligible employees immediately upon assignment to an eligible employment classification. Holiday pay will be calculated based on the employee’s straight-time pay rate (as of the date of the holiday) times the number of hours the employee would otherwise have worked on that day (maximum eight hours). Eligible employee classification(s):
- Regular full-time employees
- Seasonal full-time employees (only if the holiday falls during their period of active work)
- Regular part-time employees who are projected to work at least 1,000 hours in the current calendar year. Part-time employees who are projected to work less than 1,000 hours in the current calendar year are not eligible to receive holiday pay.
- Paid co-ops and interns (only if the holiday falls during their work rotation)
The following conditions apply to the payment of holiday pay:
- If eligible nonexempt (hourly) employees work on a recognized holiday, they will receive holiday pay plus wages at their straight-time for the hours worked on the holiday.
- Paid time off for holidays will not be counted as hours worked for the purposes of determining overtime.
- To be eligible for holiday pay, employees must be actively working and must work the last scheduled day immediately preceding and the first scheduled day immediately following the holiday. Employees who have an unscheduled absence the day before or after the holiday will not be paid for the holiday. Approved vacation immediately preceding or following the holiday will be considered a work day for this purpose.
- Employees are not eligible for holiday pay while on layoff.
- A recognized holiday that falls on a Saturday will be observed on the preceding Friday. A recognized holiday that falls on a Sunday will be observed on the following Monday.
- If a recognized holiday falls during an eligible employee’s paid absence (such as vacation), holiday pay will be provided instead of the paid time off benefit that would otherwise have applied.
Union employees’ holiday schedule may be different and the collective bargaining agreement will apply.
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