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Policy
It is the policy of PIC to designate and observe certain days each year as holidays. Eligible employees will receive compensation for each PIC designated holiday. Compensation is in the form of Holiday Pay (time off with pay).
Practice
- The following holidays are recognized by PIC as paid holidays:
New Year's Day (January 1st)
Martin Luther King Day (3rd Monday in Jan.)
Presidents Day (3rd Monday in Feb.)
Memorial Day (Last Monday in May)
Independence Day (July 4th)
Labor Day (1st Monday in Sept.)
Veteran’s Day …………… (November 11 but falls on Friday before if on Saturday and the Monday following if falls on Sunday)
Thanksgiving Day (4th Thurs. in Nov.)
Thanksgiving Friday (4th Friday in Nov.)
Christmas Eve (December 24th)
Christmas Day (December 25th)
New Year’s Eve Day…… (December 31st)
- All national and state holidays are scheduled on the day designated by the State of Alaska.
- Holiday Pay Eligibility
- Both full-time and part-time benefit eligible employees receive paid time off during the pay period containing the holiday and are eligible for holiday pay immediately upon their date of hire.
- Full-time employees are eligible to receive their regular rate of pay, for up to eight (8) regularly scheduled hours, for each observed holiday.
- Full-time employees working a flexible schedule (i.e., four, ten-hour days, etc.) are eligible to receive a maximum of eight regular hours for recognized holidays. Flextime employees may submit a request for vacation/personal leave (if available) for the number of regularly scheduled hours over the eight hours of holiday pay.
- Part-time employees will receive holiday pay based on a pro rata basis according to their FTE status
- Temporary employees and employees on unpaid leave of absence are not eligible to receive holiday pay.
- Employees must properly note the number of holiday hours to be paid on their timesheet.
- Other Holidays
- Employees may take time off to observe other major religious holidays utilizing personal leave policy #410.