Time Banking for all Departments Sample Clauses

Time Banking for all Departments. (a) Each employee will have the option to participate in the Time Bank on a yearly basis. Employees utilizing the time bank must maximize their hours prior to receiving direct payment for overtime hours worked. Those who do not elect to participate will be paid overtime in accordance with the provisions of Article 18. (b) Participation in the time bank will be subject to the following options: (i) Full time CDF employees will be able to bank hours starting on October 1st every year, with a sign-up in September of every year, with the choice of: two hundred and forty (240) hours, two hundred (200) hours, and one hundred sixty (160) hours, one hundred twenty (120) hours, eighty (80) hours, or forty hours (40) per year. (ii) Provided Full time CDF employees participate in this overtime Time Bank, they will also be eligible to use shift trades (between January 1st and September 30th) to supplement the Time Bank. (iii) Part Time Employees forty (40) hours per year (iv) Employees participating in the Time Bank must achieve a minimum of forty (40) hours before they are eligible to withdraw any hours, excluding employees in Deicing and ZDC occupational groups. Note: The Company and the Union agree that only when a shift trade/swap is reciprocal either on the same day or within the same 40 hour week, those specific traded/swapped hours (one- for-one) will be deemed as scheduled shifts and therefore considered eligible hours for inclusion to the regular 40 hours worked total. Then, all hours worked in excess of the forty (40) hours shall be paid at the overtime rate per Article 18. However, should an employee call in sick during a week where they have done a “reciprocal” shift trade/swap, then this Note will not apply and the reciprocal hours worked will not be deemed as “scheduled hours”. (v) Full-time employees in all other departments: one hundred twenty (120) hours, eighty (80) hours, or forty (40) hours per year.
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