Common use of Banking Overtime Clause in Contracts

Banking Overtime. Employees who work overtime may request time off in lieu of overtime pay, but such time off must be taken at a time mutually agreed upon with the Employer. The length of time off with pay shall be equal to the straight time equivalent of the overtime earnings. Such time off must be taken within 6 months of being earned or it will be paid out.

Banking Overtime. Employees An employee who work has worked overtime may can request the equivalent of time off in lieu of the overtime paypayment, but such provided he notifies his supervisor in advance of his intention to bank overtime of up to a maximum of forty (40) hours between June 1st and May 31st of the following year. The time off taken in lieu of must be taken at a time mutually agreed upon with and the Employerreplacement would be at regular time and not on overtime. The length of time off with pay shall be equal to the straight time equivalent of the overtime earnings. Such time off must be Time not taken within 6 months of being earned or it in lieu will be paid outpayable as of May 31st of each year.

Banking Overtime. Employees An employee who work has worked overtime may can request the equivalent of time off in lieu of the overtime paypayment, but such provided he notifies his supervisor in advance of his intention to bank overtime of up to a maximum of forty (40) hours per calendar year. The time off taken in lieu of must be taken at a time mutually agreed upon with and the Employerreplacement would be at regular time and not on overtime. The length of time off with pay shall be equal to the straight time equivalent of the overtime earnings. Such time off must be Time not taken within 6 months of being earned or it in lieu will be paid outpayable as of December 31st of each year.

Banking Overtime. Employees who work overtime may request time off in lieu of overtime pay, but such time off must be taken at a time mutually agreed upon to with the Employer. The length of time off with pay shall be equal to the straight time equivalent of to the overtime earnings. Such time off must be taken within 6 months Banked overtime in excess of being earned or it will thirty five (35) hours at June 30th and December 31st each year may be paid outout at the employer’s discretion.