Banked hours scheme. 2.9.1 What does this concern? ▪ The banked hours scheme applies to construction site employees. Banked hours under this scheme comprise mandatory additional hours and/or travel time. ▪ The object of the scheme is to address peaks and troughs in the company workload. In periods when there is a lot of work (often in the months of April to October) the employee banks hours, which the employer can then use to have the employee work fewer days during periods when less work is available (generally from November to March). ▪ The financial settlement of these banked hours is handled by the Time Savings Fund in the manner set out in clause 4.15 and Annex 4. 2.9.2 Who must take part in the scheme? ▪ The employer can make participation in the banked hours scheme mandatory for the company’s construction site employees. ▪ Exception: participation in the banked hours scheme will not be mandatory for the following persons: - construction site employees younger than 18; - construction site employees who work part time; and - a person who is not employed directly by the employer, like an agency worker for example. 2.9.3 Banking hours and taking banked hours as time off ▪ The employer can require an employee to bank a maximum of 80 hours per calendar year. The accrual of these hours may be spread over a period of 26 weeks in total. If the employee is carrying out infrastructure activities for which the non-standard provisions apply, the maximum is 160 banked hours. ▪ The minimum time unit for logging worked mandatory additional hours is 30 minutes, with a maximum of three hours per week and 64 hours per calendar year. If the employee is carrying out infrastructure activities for which the non-standard provisions apply, a maximum of five hours per week and 128 hours per calendar year apply. In order to reach the maximum number of banked hours per year, the employee can also bank travel time. ▪ The employer converts the mandatory additional hours and travel time into the number of banked hours. - One mandatory additional hour is equal to one banked hour plus the percentage rate applicable for that hour according to table 2.9.4. - Travel time is converted to banked hours as follows. If the employee’s guaranteed wage is the same as the guaranteed wage in job grade A or lower, one hour of travel is equal to one banked hour. If the employee’s guaranteed wage is higher, the employer divides the guaranteed wage for job grade A by the employee’s guaranteed wage. This will result in one hour of travel being equal to less than one banked hour. The employer may not compensate this with mandatory additional hours. Table 2.9.3 shows an example of the result of converting travel time to banked hours for an employee with a guaranteed wage as shown in table 4.2. ▪ The employer can use the banked hours to have the employee work fewer days during periods when less work is available; the hours must be used for entire days off only. ▪ At least seven days prior to requiring the employee to take time off using banked hours, the employer gives the employee an overview showing how many banked hours are to be taken and when. The employer keeps a copy of this document on file. ▪ The employer has until 1 April of each year to schedule the days the employee will use the banked hours. Any banked hours that remain after 1 April lapse, except where the employee has opted to transfer these hours to the next banked hours period, in which case the employer may schedule these hours up to 1 April of the following year. B 0.95 banked hours C 0.89 banked hours D 0.83 banked hours E 0.79 banked hours * This table only applies to employees receiving a guaranteed wage as shown in table 4.2.
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Samples: Collective Agreement, Collective Agreement, Collective Agreement