Banked Hours. [RESERVED]
Banked Hours. Thirteen (13) hours will be provided for each special education and classroom Para educator to be used throughout the year, to benefit student instruction. The use of these hours is to be approved in advance by the building principal.
Banked Hours. A maximum of one hundred and twenty (120) hours may be accrued as banked hours and may be withdrawn in whole or in part at their regular rate in time off. Seven (7) days notice of intent to withdraw banked hours must be given to Management. Employees leaving the service of the Employer shall be paid out all remaining hours in their overtime bank.
Banked Hours. If a full-time faculty member’s total load hours resulting from teaching assignments are in excess of fifteen (15) load hours, the faculty member may elect to bank those overload hours for use in subsequent semesters in place of fifteen (15) regular load hours for teaching assignments. A faculty member may accumulate a maximum of three (3) overload hours to be designated as banked hours. The use of banked hours to establish load shall be done with the approval of the Xxxx or designee and must not cause the academic program undue hardship. The faculty member must notify the Xxxx at least thirty (30) calendar days prior to the start of the semester in which they wish to use banked hours. Banked hours may not be claimed as payment in subsequent semesters. When a faculty member declares retirement and has banked hours accumulated, they must use the banked hours as part of their regular load prior to their retirement date and according to any pre-retirement planning guidelines. If a faculty member announces a separation from the College, they must use the banked hours as part of their regular load prior to their separation date. Faculty whose load is determined by clock hours are not eligible to accumulate or apply banked hours.
Banked Hours. The following defines the conditions under which overtime hours may be banked in lieu of receiving overtime pay. Overtime hours may be banked and paid at the rate of one regular hour worked for one hour off. The first four (4) hours will count towards double time (8 Hours overtime worked can be 4 hours banked and 4 hours at 1.5 times. Next overtime hours are double time in the same week)
Banked Hours. A maximum of 120 hours, converted to the equivalent of dollars based on the hourly rate at which it was earned, may be accrued and may be withdrawn by an employee in whole or in part at their regular rate at time of withdrawal. In the event an employee also wishes time off, such time will be by mutual agreement and subject to the operating needs of the business.
Banked Hours. The positive difference, if any, of 125 hours minus the actual curtailment hours for a Calendar Year
Banked Hours. (a) Employees shall have the option to bank overtime, additional earnings, or extra time worked, at the rate of pay at which it was earned, as noted in this Article:
Banked Hours. 1 Employee can bank wages at any time during the year .2 Wages from banked hours can be withdrawn at any time .3 Banked hours cannot be used for additional time off
Banked Hours. 14.1 Employees who elect to bank hours will accumulate the first twenty four "Banked Hours".
