Time Off in Lieu Bank. At the request of the Employee, time off, calculated at the appropriate overtime rates in lieu of overtime pay or designated holiday pay may be banked to a maximum of eighty (80) hours. This shall be taken at a time mutually acceptable between the Employee and the Employer(s) and must be recorded on time sheets or work sheets accessible to Employees. An Employee’s time in lieu bank will be paid out at the Employee’s request once per year. Any remaining portion of the time in lieu bank as of March 1st shall be paid out by March 31st of each year.
Appears in 4 contracts
Samples: Collective Agreement, Collective Agreement, Collective Agreement
