Time Off in Lieu of Overtime. Where mutually agreed between the Employer and Employee, time off, calculated at the appropriate overtime rates in lieu of overtime pay may be banked to a maximum of one-hundred (100) hours. Time off in lieu shall be taken at a time mutually acceptable between the Employee and the Employer and must be recorded on time sheets and work records. Any unused portion of the time in lieu bank as of February month end payroll report will be paid out prior to March 31 of each year.
Appears in 10 contracts
Samples: Agreement, Collective Agreement, Collective Agreement
Time Off in Lieu of Overtime. Where mutually agreed between the Employer and Employee, time offTime off with pay, calculated at the appropriate overtime rates rates, may be taken in lieu of overtime pay may be banked to a maximum of one-hundred (100) hourspay. Time This time off in lieu shall be taken at a time mutually acceptable established by mutual agreement between the Employee employee concerned and the Employer and must be recorded on time sheets and work recordstheir exempt department supervisor. Any unused portion No employee shall have in excess of the time in lieu bank as of February month end payroll report will be paid out prior to March 31 of each yearfifteen (15) working days banked at any one (1) time.
Appears in 4 contracts
Samples: Collective Agreement, Collective Agreement, Collective Agreement
Time Off in Lieu of Overtime. Where mutually agreed between the Employer Instead of cash payment for overtime, full-time and Employee, regular part-time off, calculated employees may choose to bank time off at the appropriate applicable overtime rates in lieu of overtime pay may be banked rate, to a maximum of one-hundred ten (10010) hoursdays. Time off in lieu shall be taken at a time mutually acceptable between agreeable to the Employee employee and the Employer and Employer. Overtime banked in any year must be recorded on time sheets and work records. Any unused portion taken by April 30 of the time in lieu bank as of February month end payroll report will be paid out prior to March 31 of each following year.
Appears in 2 contracts
Samples: Collective Agreement, Collective Agreement
Time Off in Lieu of Overtime. Where mutually agreed between In recognition of hours worked in excess of the Employer regular and Employeeor weekly hours, time off, calculated at the appropriate overtime rates in lieu of overtime pay may be banked to a maximum of one-hundred (100) hours. Time off in lieu employees shall be taken allowed to accumulate up to twelve (12) paid days time off each year at a times selected by the employee. These days are not accumulative from year to year. For the purpose of taking lieu time mutually acceptable between the Employee and the Employer and must year shall be recorded on time sheets and work records. Any unused portion of the time in lieu bank as of February month end payroll report will be paid out prior from April lst, to March 31 of each year31st.
Appears in 1 contract
Samples: Collective Agreement
Time Off in Lieu of Overtime. Where mutually agreed between the Employer and Employee, time off, calculated Employees shall be allowed to bank their overtime at the appropriate overtime rates in lieu of overtime pay may be banked rate, to a maximum of one-hundred eighty (10080) hourshours per year, to take time off work instead of receiving overtime pay. The Employee will make this selection at the time of reporting overtime hours worked. Time off in lieu shall taken will be taken at a time mutually acceptable agreed upon between the Employee and the Employer and must be recorded on time sheets and work recordsTown. Any unused portion of the An Employee's time in lieu bank as of February month end payroll report will may be paid out prior to March at the Employee's request once per year. Any outstanding amounts as of December 1 shall be paid out by December 31 of each year.
Appears in 1 contract
Samples: Collective Agreement
Time Off in Lieu of Overtime. Where mutually agreed between by the Employer and the Employee, the Employee may receive time off, calculated at the appropriate overtime rates off in lieu of overtime. Such time off will be the equivalent of the actual time worked, adjusted by the applicable overtime pay may be banked to a maximum of one-hundred (100) hours. Time off in lieu shall be rate and taken at a time mutually acceptable between the Employee and agreed by the Employer and must the Employee. In no case will it be recorded on time sheets and work records. Any unused portion of later than sixty (60) days from the time in lieu bank as of February month end payroll report will be paid out prior to March 31 of each yeardate the overtime was worked.
Appears in 1 contract
Samples: Collective Agreement
Time Off in Lieu of Overtime. Where In recognition of hours worked in excess of the regular and or weekly hours, employees shall be allowed to accumulate up to twelve (12) paid days time off each year to be take as mutually agreed between the Employer and Employee, employee. These days are not accumulative from year to year. For the purpose of taking lieu time off, calculated at the appropriate overtime rates in lieu of overtime pay may be banked to a maximum of one-hundred (100) hours. Time off in lieu year shall be taken at a time mutually acceptable between the Employee and the Employer and must be recorded on time sheets and work records. Any unused portion of the time in lieu bank as of February month end payroll report will be paid out prior from April 1st, to March 31 of each year31st.
Appears in 1 contract
Samples: Collective Agreement