Flexitime. Excluding hours due to force majeure, working hours (credits) exceeding the average weekly working time of 40 hours at the end of the reference period are considered as overtime insofar as they have not been able to be compensated for reasons of service and provided that those hours were worked at the request of the employer or its representative and in accordance with the internal rules of the companies. The maximum working time may not exceed 10 hours per day or 48 hours per week in accordance with Art. 211-12 of the Luxembourg Labour Code.
Flexitime. Flexitime agreements can be implemented in lieu of this provision, and DHB provisions for flexitime are scheduled in schedule 6.
Flexitime. Overtime is in principle compensated during the following reference period by paid rest time of one hour plus half an hour of free time per additional hour worked (i.e. 1.5 hours per hour worked). The time of compensation is fixed in principle in accordance with the employee’s wishes unless the needs of the employer or the justified wishes of other employees run counter to this. In this case, overtime which has not been able to be compensated at the end of the reference period may be carried over to the next reference period. Overtime which at the end of that following reference period could not be compensated for reasons of service or the justified wishes of other employees shall be paid in cash plus 50% (remunerated at 150%). The provisions of Article L. 211-7 (2) of the Luxembourg Labour Code must of course be observed, in particular: “Save legal exceptions, working hours may not exceed ten hours per day or forty-eight hours per week.“
Flexitime. 1. If an enterprise practices flexitime, the flex limits of working time and accrual limits may be agreed locally in accordance to Section 40 of the Collective Agreement. In that case, the daily working hours may be extended or reduced by a maximum of four hours. The maximum of accrual shall not exceed +/-80 hours.
Flexitime. Flexitime working is the rule. This is determined by the bank in accordance with the needs of the business and the employees, taking local conditions into account. The normal working week of 42 hours must be achieved as an average over the year.
Flexitime. Notwithstanding the provisions of this clause, flexitime may be worked by agreement between the employer and employee(s). All provisions of the Agreement continue to apply except where inconsistent with these provisions.
Flexitime. 1. Maximum accumulation of hours on flexitime can be agreed local- ly even in a manner that derogates from the Working Hours Act; however, the maximum accumulation of hours may not exceed 120 hours.
Flexitime. A method of establishing individual work schedules that allows employees some discretion with respect to their arrival/departure times. The "Gliding Schedule" flexible work schedule provided under this Agreement allows employees to vary their arrival and departure times each day, so long as they are on duty during the office's established core hours.
Flexitime. An employee may vary their starting and finishing times and the period they work each day in accordance with the following flexitime provisions:
Flexitime. Full-time employees, excluding those working compressed work schedules, shall be permitted to vary their daily work hours, subject to the following limitations:
