Time Banking Sample Clauses

Time Banking. In addition to the hours per day regularly worked, employees may elect to work extra hours to accumulate up to a total maximum of forty (40) hours to be taken off at a later time. The accumulation of such extra hours must be on productive work with the prior approval of supervision, worked in minimum thirty (30) minute periods and earned at the rate of hours accumulated equal to the actual extra hours worked. The accumulated time may be taken as time off by the employee subject to advance approval by supervision.
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Time Banking. Notwithstanding any entitlements provided under clause 2.6.10, employees may elect to work outside their usual rostered shifts and request time off in lieu as an alternative to the payments specified in clauses2.6.9.4, 2.6.10, 2.6.13 or 2.16.17-18. Time banking will operate under the following conditions: Only complete shifts may be time banked; The maximum that can be accumulated in the time bank is eight shifts; Shifts must be accumulated and taken as either day or night shifts (i.e. a day shift banked cannot be taken as a night shift); Prior approval must be sought from the Area Manager before a time banked shift can be taken – permission will not be unreasonably withheld; Mileage reimbursement will be paid as would otherwise apply for overtime; and Prior approval is not necessary if an employee’s dependant’s caregiver is unexpectedly unable to provide care as normal. All time banked in terms of this clause must be taken as soon as practicable after it is earned and in no case later than 12 months after it is earned. Banked time not taken within a 12 month period after it has been earned shall be forfeited. With the approval of the Area Manager, banked time earned more than 12 months ago may be carried over for a specified period.
Time Banking. In addition to the 7‐1/2 hours per day regularly worked, employees may elect to work extra hours to accumulate up to a total maximum of forty‐five (45) hours to be taken off at a later time. The accumulation of such extra hours must be on productive work with the prior approval of supervision, worked in minimum thirty (30) minute periods and earned at the rate of hours accumulated equal to the actual extra hours worked. The accumulated time may be taken as time off by the employee subject to advance approval by supervision. The accumulation or use of banked time will not be unreasonably denied. However, vacation credits carried over from previous leave year must be exhausted or committed for use before banked time can be taken. The working of required extra hours as banked time will only be at the employee's discretion. The use of banked time is not intended to replace the use of overtime.
Time Banking. In addition to the hours per day regularly worked, employees may elect to work extra hours to accumulate up to a total maximum of forty (40) hours to be taken off at a later time. The accumulation of such extra hours must be on productive work with the prior approval of supervision, worked in minimum thirty (30) minutes periods and earned at the rate of hours accumulated equal to the actual extra hours worked. The accumulated time may be taken as time off by the employee subject to advance approval by supervision. The working of required extra hours as banked time will only be at the employee’s discretion. The bank time list shall be supplied to the Union when requested.
Time Banking. In addition to the 7-1/2 hours per day regularly worked, employees may elect to work extra hours to accumulate up to a total maximum of forty-five (45) hours to be taken off at a later time. The accumulation of such extra hours must be on productive work with the prior approval of supervision and approved as equitably as practicable. It must be worked in minimum thirty (30) minute periods and earned at the rate of hours accumulated equal to the actual extra hours worked. The accumulated time may be taken as time off by the employee subject to advance approval by supervision. The accumulation or use of banked time will not be unreasonably denied. However, vacation credits carried over from previous leave year must be exhausted or committed for use before banked time can be taken. The Company shall not promote that an employee bank time for recognized overtime work. The working of required extra hours as banked time will only be at the employee's discretion and such discretion is to be exercised once the overtime work has been accepted. The use of banked time is not intended to replace the use of overtime. Employees must use banked time before June 30th of the fiscal year after which it was earned. Management has the right to schedule leave. For employees who have made a significant effort to schedule the use of accumulated banked time, management will consult with the employee on the utilization of bank time.
Time Banking. In addition to the hours per day regularly worked, employees may elect to work extra hours as banked time at the applicable rate to accumulate up to a total annual maximum of forty (40) hours to be taken off at a later time. The accumulation of such extra hours must be on productive work with the prior approval of supervision, worked in minimum thirty (30) minutes periods and earned at the rate of hours accumulated equal to the actual extra hours worked. The accumulated time may be taken as time off by the employee subject to advance approval by supervision. The bank time list shall be supplied to the Union when requested. Any banked time carried over to the next fiscal year will count towards the forty (40) hour maximum for that year. Employees must use banked time before June 30th of the fiscal year after which it was earned. Management has the right to schedule leave as long as meaningful consultation takes place with the employee.
Time Banking. In addition to the hours per day regularly worked, employees may elect to work extra hours to accumulate up to a total maximum of forty (40) hours to be taken off at a later time. The accumulation of such extra hours must be on productive work with the prior approval of supervision and approved as equitable as practicable. It must be worked in minimum thirty (30) minute periods and earned at the rate of hours accumulated equal to the actual extra hours worked. The accumulated time may be taken as time off by the employee subject to advance approval by supervision. The company shall not promote that an employee bank time for recognized overtime work. The working of extra hours as bank time will only be at the employee’s discretion and such discretion is to be exercised once the overtime work has been accepted. The use of banked time is not intended to replace the use of overtime. Employees must use banked time before June 30th of the fiscal year after which it was earned. Management has the right to schedule leave. For employees who have made a significant effort to schedule the use of accumulated banked time, management will consult with the employee on the utilization of bank time.
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Time Banking. It is standard practice to bank time worked in excess of an employee’s regular work hours at the applicable rate. An employee may elect to have overtime paid out instead. Banked time must be used within 3 months of the time having been banked unless a lengthier time period is approved by the Company in advance. If banked time is not used within the prescribed period it shall be paid out to the employee.
Time Banking. An employee may, at their request, bank up to 38 hours from any time worked in excess of the normal working hours (which otherwise would have been paid at overtime rates) in any year between 1st October and 30th September. This time may be taken off in periods of a least half a day at mutually agreed times in the same year accrued. Time banked cannot be taken as cash in lieu of time off
Time Banking. At the discretion of and subject to the prior approval of management, should the need arise for extra hours of work; employees may elect to work those extra hours as banked time at the applicable rate The accumulation of such extra hours must be on productive work. Banked time may accumulate up to a total annual maximum of forty (40) hours to be taken off at a later time; computed on a fiscal year. Banked time must be used within the fiscal year in which it is earned and will not be carried over without managerial approval. In the event that banked hours must be carried over into the next fiscal year, the hours carried over will contribute to the forty (40) hour annual cap for that fiscal year. The accumulated time may be taken as time off by the employee subject to advance approval by supervision. . The working of required extra hours as banked time will only be at the employee’s discretion.
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