Common use of Overtime Bank Clause in Contracts

Overtime Bank. All overtime worked in excess of the hours so stated shall be paid on the following pay period in which it was earned except: 12.6.1 that employees can accrue overtime to a maximum of five (5) working days to be taken in addition and at the time of their annual vacations, 12.6.2 that accrued overtime in excess of five (5) working days shall be paid at the time of annual vacations, 12.6.3 that employees may elect to take time off at the appropriate overtime rate in lieu of payment for overtime, at a time mutually agreed upon between the Library and the employee, 12.6.4 the accrued overtime in excess of time off in lieu of payment for overtime shall be paid at the time of annual vacations at the earned rate.

Appears in 5 contracts

Samples: Collective Agreement, Collective Bargaining Agreement, Collective Bargaining Agreement

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Overtime Bank. All overtime worked in excess of the hours so stated shall be paid on the following pay period in which it was earned except: 12.6.1 (1) that employees can accrue overtime to a maximum of five (5) working days to be taken in addition and at the time of their annual vacations,. 12.6.2 (2) that accrued overtime in excess of five (5) working days shall be paid at the time of annual vacations,. 12.6.3 (3) that employees may elect to take time off at the appropriate overtime rate in lieu of payment for overtime, at a time mutually agreed upon between the Library Employer and the employee,. 12.6.4 the (4) that accrued overtime in excess of time off in lieu of payment for overtime shall be paid at the time of annual vacations at the earned rate.

Appears in 3 contracts

Samples: Collective Agreement, Collective Agreement, Collective Agreement

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Overtime Bank. All overtime worked in excess of the hours so stated shall be paid on the following pay period in which it was earned except: 12.6.1 : that employees can accrue overtime to a maximum of five (5) working days to be taken in addition and at the time of their annual vacations, 12.6.2 , that accrued overtime in excess of five (5) working days shall be paid at the time of annual vacations, 12.6.3 , that employees may elect to take time off at the appropriate overtime rate in lieu of payment for overtime, at a time mutually agreed upon between the Library and the employee, 12.6.4 , ARTICLE CONDITIONS Continued the accrued overtime in excess of time off in lieu of payment for overtime shall be paid at the time of annual vacations at the earned rate.

Appears in 1 contract

Samples: Collective Agreement

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