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Holiday Pay Reminder


WORKFORCE MANAGEMENT ANNOUNCEMENT


In response to questions we have received about holiday and Winter Recess pay, Workforce Management offers the below clarification:

Below are the pay rules for non-exempt full or part-time employees who have benefits and will work during the remaining holidays in FY14 and Winter Recess.

Pay Rules For Hourly Employees-With-Benefits During The Remaining University Holidays in FY14 (July 1, 2013 Through June 30, 2014):
Individuals who work during the remaining University holidays during FY14 will receive holiday pay (regular pay) plus the overtime rate (1.5 x regular pay) for hours worked on each of these days.  Holiday pay is not used to calculate overtime.

Example:  An employee who works for 4 hours on a holiday will receive 4 hours at the overtime rate (1.5 x regular pay) and 7.5 (8.0) hours at the regular pay rate (1 x regular pay).

 

Employee works 4 hours on a Holiday

Hours

Factor

Dollars

Amount of pay

Hours worked

4

X

1.5

X

$10.00

=

$60.00

Holiday Credit

7.5

X

1.00

X

$10.00

=

$75.00


Pay Rules For Hourly Employees-With-Benefits During Winter Recess Days:

Individuals who work during Winter Recess will receive Winter Recess pay (regular pay) plus the Winter Recess rate (0.5 x regular pay) for hours worked on each of these days.  Winter Recess pay is not used to calculate overtime.


Example:  An employee on a 37.5 schedule who works 4 hours on a Winter Recess day will receive 4.0 hours at the Winter Recess rate (0.5 x regular pay) and 7.5 hours at the regular pay rate (regular pay). 

Employee works 4 hours on a Winter Recess Day

Hours

Factor

Dollars

Amount of pay

Hours worked

4

X

0.5

X

$10.00

=

$20.00

Winter Recess Credit

7.5

X

1.00

X

$10.00

=

$75.00


If you have any questions, you can contact Gisele Baham, gbaham@tulane.edu or 314-2771.  

Workforce Management



 

 

Citation information:

Page accessed: Tuesday, July 22, 2014
Page URL: http://tulane.edu/wfmo/announcements/holiday-pay-reminder.cfm

WFMO, University Square, 200 Broadway, Suite 120, New Orleans, LA 70118 504-865-5280 wfmo@tulane.edu