Twice as Thankful for Holiday Pay
/The officers, directors and staff of IAPE TNG-CWA Local 1096 would like to extend best wishes for a safe and happy Thanksgiving holiday to all members working in the United States. The IAPE office will close Wednesday afternoon for an extended weekend and will reopen bright and early Monday morning.
IAPE-represented Dow Jones employees working in the U.S. who are required to work on the Thanksgiving holiday are reminded to file for Holiday Pay. Whether you are considered overtime eligible or overtime exempt, you are entitled to claim this benefit: 1.5X pay for all regular hours worked on Thanksgiving Day, and 2X pay for any extra hours worked. Members are also entitled to choose between an extra day’s pay or an additional day off in lieu of working on a holiday.
And on Friday, get ready to file for your Holiday Pay all over again! Yes, the Day After Thanksgiving is also a contract holiday this year. Same terms apply as on Thanksgiving: all U.S.-based members are eligible; 1.5X pay for regular hours and 2X pay for extra hours; plus an extra day’s pay or day off.
Remember: in order to receive your compensation, all Holiday Pay hours must be entered into Workday (select “holiday worked” and enter your number of hours worked). You must also inform your manager whether you wish to receive extra pay or additional time off for your day(s) worked. If you choose to take the time off, there is no requirement to use the day in the same pay period.
It’s your money—file for it!
Thinking of Selling Vacation Time?
Do you have an extra week of vacation time you’re not able to schedule this year? Is your salary $78,000 or less? You don’t need to let that week expire at the end of the year. Article IX of the IAPE/Dow Jones contract provides the ability for some members to sell vacation time back to the company.
Section E of that Article states, “An Employee who is entitled to at least three weeks of vacation and whose compensation is $1,500 per week or less will be granted one week's pay in lieu of one week's vacation at the request of the Employee.”
If you qualify and you want to sell a week of vacation time, inform your manager and contact your Dow Jones People Department representative.