Banked Overtime. An employee may choose to bank any portion of their overtime hours. a) An employee may have no more than the equivalent of sixty (60) overtime hours (120 regular hours) in their bank at any given time. b) An employee may request that any portion of their Banked Overtime be paid out on a regular pay date in accordance with established payroll deadlines. c) Any hours banked and not taken prior to December 31st in any year shall be paid out to the employee at the rate at which the hours were banked.
Appears in 5 contracts
Samples: Collective Agreement, Collective Agreement, Collective Agreement
