Common use of Concept and purpose Clause in Contracts

Concept and purpose. A working time bank is an arrangement for harmonising work and time off adopted in an enterprise or at a workplace, involving an agreement to save, lend or combine various elements in the long term. The working time bank agreement shall supplant the time and other limitations governing the granting of agreed elements of a working time bank unless otherwise agreed. The purpose of a working time bank is to support enterprise productivity and competitiveness, and to accommodate the individual working time needs of employees.

Concept and purpose. A working time bank is an arrangement for harmonising harmonizing work and time off adopted in an enterprise or at a workplace, involving an agreement to save, lend or combine various elements in the long term. The working time bank agreement shall supplant the time and other limitations governing the granting of agreed elements of a working time bank unless otherwise agreed. The purpose of a working time bank is to support enterprise productivity and competitiveness, and to accommodate the individual working time needs of employees.