HOLMES AND NARVER
ENGINEERS
Page 1 of 2
Contract AT-(29-1) -507
OVERTIME, HOLIDAY, VACATION AND SICK LEAVE POLICIES
Fiscal Bulletin No. 1, January 25, 1950
TO:
THE STAFF
FROM: C. H. THOMPSON, CHIEF FISCAL OFFICER
The following Overtime, Holiday, Vacation and Sick Leave Policies
are effective for all On-Continent employees of Holmes & Narver:
WORK SCHEDULE AND COMPENSATION:
(a)
Salaried employees' regular weekly compensation (up to and including
Chiefs of Departments) is based on a 40-hour work-week schedule. Work
in excess of 8 hours per day, or 40 hours per week is payable at
time and one-half rate (except for the Executive Staff), when au-
thorized in writing by the Management.
(bo)
Hourly wage employees' compensation is based on straight time rate
up to 8 hours per day or 40 hours per week with time and one-half
rate for time worked in excess of 8 hours per day or 40 hours per
week, when authorized in writing by the Management.
HOLIDAYS WITH PAY:
days:
The following holidays are non-work days, but are paid for as work
New Year's Day
Labor Day
Independence Day
Christmas Day
Memorial Day
Thanksgiving Day
To qualify for Holiday pay, employees must be at work or receive
leave pay for the work days proceding and following the holiday.
VACATION LEAVE WITH PAY:
All employees will be credited with 5/6 of a day vacation leave per
month after each calendar month of service. The vacation year period for
the purpose of accruing vacation leave with pay, begins with the month of
May and ends with the month of April. For the first month of employment,
vacation leave will be accrued only when the employee is hired prior to
the 16th of the month, in such case 5/6th of a day of vacation leave will
be granted.
11-66