Common use of Banking Rostered Days Off Clause in Contracts

Banking Rostered Days Off. (a) The Employer and an Employee may agree to an arrangement under which the Employee works on their normal rostered days off and accumulates up to 5 banked rostered days off that may be taken at times that are convenient to both the Employer and Employee. (b) The Employer must keep a record of the Employee’s banked rostered days off. (c) The Employee must give at least 5 days’ notice before taking a banked rostered day off. (d) An Employee is not entitled to overtime payment for working more than the average number of ordinary hours in a week as a result of working on a rostered day off under the banking system. (e) No reduction in payment is to be made for an Employee working less than the average number of ordinary hours per week as a result of taking banked rostered days off but the Employee must be paid according to the average pay system during any week the Employee elects to take a banked rostered day off. (f) On the termination of an Employee’s employment, the Employer must pay an Employee for any banked rostered day off that has not been taken an amount equal to 20% of the Employee’s average weekly wages (not including overtime) over the period of 6 months immediately before the termination.