Common use of Stat Bank Clause in Contracts

Stat Bank. A Stat Bank will be established for each employee. Immediately after shift bid each year, an employee’s Stat Bank will be credited ten (10) days the normal shift length, based on the shift the employee has bid for the following year. For example: if the employee normal shift length is 11.4 hours they shall have 114 hours credited in the Stat Bank. Employees may transfer funds from their Cash Bank to top the Stat Bank to a maximum of 140 hours.

Stat Bank. This article and its subsections only applies to Employees hired on or before DOR (Feb 19, 2016) A Stat Bank will be established for each employee. Immediately after shift bid each year, an employee’s Stat Bank will be credited ten (10) days the normal shift length, based on the shift the employee has bid for the following year. For example: if the employee normal shift length is 11.4 hours they shall have 114 hours credited in the Stat Bankbank. Employees may transfer funds from their Cash Bank bank to top the Stat Bank bank to a maximum of 140 hours.