Common use of BANK TIME - TIME OFF IN LIEU OF OVERTIME PAY Clause in Contracts

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. 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)time. (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.