ON LOAN Sample Clauses

ON LOAN. 24.01 In the interest of making the most flexible use of the skills available within the Company it is desirable from time to time to loan employees between various operations of the Company on a temporary basis. The following conditions will apply to employees on loan where the employee is required to live away from their normal place of residence. (a) All loan assignments shall be voluntary. (b) The rate of pay of an employee on loan will be the greater of their regular rate of pay or the rate provided for the job in the Collective Agreement in effect at the receiving operation. If there is no Collective Agreement in effect at the receiving operation the employee will be paid no less than their regular rate of pay. (c) Employees “on loan” will be required to work on one of the schedules in effect at the receiving operation. The duration of a normal work shift and all other provisions of the Collective Agreement in effect at the dispatching operation will prevail. (d) Accommodation and board will be selected by and pro- vided at Company expense. Employees will be advised of accommodation and board prior to assignment. (e) Transportation will be supplied by the Company. If an em- ployee elects to use their personal car for transportation, they will be reimbursed at the rate per kilometre which pre- vails in the Company regulations at the time the assignment is carried out. Such reimbursement will be made for the initial trip and the trip home at the conclusion of the loan assignment. (f) Travel time paid in any one day will be limited to eight (8) hours. It is agreed that employees who travel on their rest days will be paid at the applicable overtime rate. (g) A loan assignment will be a maximum of five (5) weeks. If an employee elects to remain on loan for a period in excess of five (5) weeks, they will be provided with transportation home after every five (5) weeks on loan. (h) A day off with pay shall be granted for each regular work week on loan, and such accumulated leave may be taken before returning to work after conclusion of a loan assign- ment. If the leave is not taken at the end of the loan assign- ment, it shall be taken at the convenience of the operations. (i) An allowance of fifty dollars ($50.00) per week will be paid to employees on loan for each week on loan. Loan assign- ments of less than one (1) week will be prorated. (j) The Company will advise the Union in writing of employees accepting loan assignments.