BANK TIME - TIME OFF IN LIEU OF OVERTIME PAY Sample Clauses

BANK TIME - TIME OFF IN LIEU OF OVERTIME PAY. Permanent Full Time Employees in the Project Engineering, Engineering Administration, Development Engineering, Construction Services and Building Services Sections are required to indicate their intention to participate in the Program to their Immediate Supervisor by the end of March each year.
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BANK TIME - TIME OFF IN LIEU OF OVERTIME PAY. The Parties agree to Bank Time for the following Sections subject to the following conditions: Employees in the Clerks Services, Hardware and Technology Applications, Software and Business Applications, Leisure Services and Children’s Services Sections, Compliance Section (Water and Wastewater Division), Emergency Services Administration Section, Corporate Communications and French Language Services Section, and the Economic Development and Planning Services Divisions are required to indicate their intention to participate in the Program to their Immediate Supervisor not later than the third (3rd) Monday in March of each year. Participation will not be considered beyond this date. (1) The maximum accrual of Bank Time is to be one (1) calendar week based on the Employee's basic work week hours. (2) Bank Time shall be taken when it is mutually agreeable for Employees and their Immediate Supervisor. Bank Time may be used to top up approved WI benefits. (3) Failure to reach agreement for the utilization of Bank Time shall result in the Employee being paid for the unused Bank Time within two (2) Pay Periods from the date of disagreement. (4) With reference to Item (3) above, pay in lieu of Bank Time not used shall be on a straight time basis as per the rate of pay at the time of accrual. i. e. one (1) overtime hour worked = one point five (1.5) hours banked time or one (1) overtime hour worked = two (2) hours banked time for work performed on a Sunday as per Article 15:03(4). (5) The Section Supervisor shall keep a record of the number of hours of overtime accrued and the applicable rates of pay for those hours. (6) Employees who receive pay for any unused Bank Time shall be paid at the rate of pay in effect at the time of its accrual. Notwithstanding the Sections identified above, other Sections may be added by mutual agreement of the Parties.
BANK TIME - TIME OFF IN LIEU OF OVERTIME PAY. Employees in the Project Engineering and Technical Services Sections are required to indicate their intention to participate in the Program to their Immediate Supervisor not later than the third (3rd) Monday in March of each year. Participation will not be considered beyond this date. Employees of the Construction Services Section are required to indicate their intention to participate in the Program to their Immediate Supervisor by no later than the fourth (4th) Monday in April of each year. Participation shall not be considered past this date. Employees of the Building Services Section are required to indicate their intention to participate in the Program to their Immediate Supervisor by no later than the third (3rd) Monday in April of each year. Participation shall not be considered past this date.

Related to BANK TIME - TIME OFF IN LIEU OF OVERTIME PAY

  • Time Off in Lieu of Overtime Employees who work overtime will not be required to take time off in regular hours to make up for overtime worked. Time off in lieu may be taken on a mutually agreed upon basis between the employee and the Hospital, such time off will be the equivalent of the premium rate the employee has earned for working overtime. The Hospital shall revert to payment of premium rate if time off is not taken within sixty (60) calendar days."

  • Annual Leave Loading During a period of annual leave an employee will receive a loading of 17.5 per cent calculated on the employee’s normal hourly rate of pay and the daily fares allowance if applicable. The loading will also apply to proportionate leave on lawful termination.

  • One-Time Payment Tenant shall pay to Landlord a one-time payment in the amount of Fifty Thousand and No/100 Dollars ($50,000.00), payable within thirty (30) days of the Effective Date and subject to the following conditions precedent: (a) Tenant’s receipt of this Amendment executed by Landlord, on or before October 29, 2017; (b) Tenant’s confirmation that Landlord’s statements as further set forth in this Amendment are true, accurate, and complete, including verification of Landlord’s ownership; (c) Tenant’s receipt of any documents and other items reasonably requested by Tenant in order to effectuate the transaction and payment contemplated herein; and (d) receipt by Tenant of an original Memorandum (as defined herein) executed by Landlord.

  • Travel time allowance All employees shall be paid an allowance (See Appendix A) for each day on which they present themselves for work. The allowance shall also be paid for rostered days off.

  • Parental Leave Allowance ‌ (a) An employee who qualifies for parental leave pursuant to Article 35.03, shall be paid a parental leave allowance in accordance with the Supplemental Employment Benefit (SEB) Plan. In order to receive this allowance, the employee must provide to the Employer proof of application and eligibility to receive employment insurance benefits pursuant to the Employment Insurance Act. An employee disentitled or disqualified from receiving employment insurance benefits is not eligible for parental leave allowance. (b) Pursuant to the Supplemental Employment Benefit (SEB) Plan and subject to leave apportionment pursuant to Article 35.03(b), the parental leave allowance will consist of a maximum of ten (10) weekly payments, equivalent to the difference between the employment insurance gross benefits and any other earnings received by the employee, and seventy-five (75) percent of the employee’s basic pay.

  • Prime Time Vacation Period Subject to the provisions of this article, it is the intent of the parties that no employee will be restricted in the time of year they choose to take their vacation. The Employer will make every effort to allow employees to take their vacation during the period of April 15th to October 15th inclusive, which will be defined as the prime time vacation period.

  • HOLIDAY COMPENSATION FOR TIME WORKED 110. Employees required by their respective appointing officers to work on any of the above specified or substitute holidays, excepting Fridays observed as holidays in lieu of holidays falling on Saturday, shall be paid extra compensation of one additional day's pay at time-and-one-half the usual rate in the amount of 12 hours pay for 8 hours worked or a proportionate amount for less than 8 hours worked provided, however, that at the employee's request and with the approval of the appointing officer, an employee may be granted compensatory time off in lieu of paid overtime pursuant to the provisions of Section III.E.2. 111. Executive, administrative and professional employees designated in the Annual Salary Ordinance with the "Z" symbol shall not receive extra compensation for holiday work but may be granted time off equivalent to the time worked at the rate of-one-and-one-half times for work on the holiday.

  • Overtime/Compensatory Time A. Employees working assigned, pre-approved time in excess of forty (40) hours per week shall be given either overtime pay or compensatory time at the rate of one and one-half times the employee’s regular rate of pay. The name of the supervisor authorized to approve overtime assignments shall be posted in each building. The employee may elect to take either overtime pay or compensatory time off. Holidays, sick leave, personal days, or vacation days shall be included as regular time for purposes of computing overtime. In the event overtime is required, the Assistant Superintendent or his/her designee shall solicit volunteers to fill the overtime positions. In the event no volunteers are available or the volunteers available are unqualified in the opinion of the Assistant Superintendent or designee, overtime may be assigned. Overtime assignments will be made on a rotational basis at each work site to employees who normally do the work assigned. Reasonable advance notice will be given to employees assigned overtime. An employee shall not be called in for snow removal duty sooner than 8 hours following the conclusion of his/her regular shift or any other work performed for the District. B. Only forty-five (45) hours of compensatory time can be earned in a contract year. Use of compensatory time must be approved by the employee’s immediate supervisor. Compensatory time earned must be used during the contract year in which it is earned or cashed in for pay at the rate in effect for the employee at the time the employee receives such payment. Employees who have accumulated more than forty (40) hours of compensatory time at the time of execution of this Agreement shall retain all such accumulated time, provided, however, that such employees shall not be allowed to use more than forty (40) hours in any contract year. All compensatory time must be submitted on a timesheet. C. All overtime worked must be submitted on a timesheet to the building principal in accordance with business office procedures for processing payroll. Requests for use of compensatory time off shall be submitted in writing to the building principal in accordance with business office procedures for processing payroll. X. Xx employee called in to work on his/her day off will be paid for a minimum of two (2) hours at the appropriate rate. E. The decision to assign overtime will not be based upon an employee’s preference for either compensatory time or overtime pay. F. In the event an employee’s regular permanent assignment requires the performance of duties in more than one job classification, the overtime rate to be used to calculate compensation for the employee for the overtime work shall be the rate of the classification which caused the employee to work such overtime hours.

  • Holiday Falling on a Scheduled Workday An Employee who works on a designated holiday which is a scheduled workday shall be compensated at the rate of double time for hours worked, plus a day off in lieu of the holiday; except for Christmas and New Year's when the compensation shall be at the rate of double time and one-half (2½) for hours worked, plus a day off subject to this Agreement.

  • Compensatory Time for Overtime Eligible Employees ‌ A. Compensatory Time Eligibility

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