Common use of Overtime Banks Clause in Contracts

Overtime Banks. Employees may bank overtime hours to a cumulative maximum of one hundred (100) hours. At the end of each calendar year, an employee will be entitled to carry-over up to fifty (50) hours into the next calendar year. Banked hours carried over will be paid at the rate the employee earned as of December 31 of the year in which banked. At no time can the amount of carried-over hours exceed fifty (50) and the cumulative total of banked and carried over hours exceed one hundred (100).

Appears in 5 contracts

Samples: Collective Agreement, Collective Agreement, Collective Agreement

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Overtime Banks. Employees may bank overtime hours to a cumulative maximum of one hundred (100) hours. At the end of each calendar year, an employee will be entitled to carry-over up to fifty (50) hours into the next calendar year. Banked hours carried over All overtime and time off in lieu will be paid out at the current rate the employee earned as of December 31 of the year in which bankedpay. At no time can the amount of carried-over hours exceed fifty (50) and the cumulative total of banked and carried over hours exceed one hundred (100).

Appears in 4 contracts

Samples: Collective Agreement, Collective Agreement, Collective Agreement

Overtime Banks. Employees may bank overtime hours to a cumulative maximum of one hundred (100) hours. At the end of each calendar year, an employee will be entitled to carry-over up to fifty (50) hours into the next calendar year. Banked hours carried over will be paid at the rate the employee earned as of December 31 of the year in which banked. At no time can the amount of carried-over hours exceed fifty (50) and the cumulative total of banked and carried over hours exceed one hundred (100).. * Meal Allowance

Appears in 2 contracts

Samples: Collective Agreement, Collective Agreement

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Overtime Banks. Employees may bank overtime hours to a cumulative maximum of one hundred (100) hours. At the end of each calendar year, an employee will be entitled to carry-carry- over up to fifty (50) hours into the next calendar year. Banked hours carried over will be paid at the rate the employee earned as of December 31 of the year in which banked. At no time can the amount of carried-over hours exceed fifty (50) and the cumulative total of banked and carried over hours exceed one hundred (100).

Appears in 1 contract

Samples: Collective Agreement

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