TIME OFF IN LIEU OF PAID OVERTIME Clause Samples
The "Time Off in Lieu of Paid Overtime" clause allows employees to receive additional time off instead of extra pay for hours worked beyond their standard schedule. Under this arrangement, when an employee works overtime, they accrue equivalent time off—often referred to as "TOIL"—which can be taken at a later date, subject to employer approval and scheduling needs. This clause provides flexibility for both employers and employees, helping manage labor costs while still compensating staff for extra work, and it addresses the need for alternatives to monetary overtime payments.
TIME OFF IN LIEU OF PAID OVERTIME. An employee is allowed to take time off in lieu of overtime under the following conditions:
TIME OFF IN LIEU OF PAID OVERTIME. (a) Employees may elect, with the consent of Cargill, to take paid time off in lieu of payment for overtime worked, at a time or times agreed with the Company.
(b) Paid time off will be calculated so as to ensure that it corresponds to not less than the amount of money that would have been paid if payment of money had been required for the overtime worked.
(c) ▇▇▇▇▇▇ agreed in writing, accumulation of paid time off in lieu of overtime worked will be given and taken in blocks of not less than 1 day and will be taken not less than 3 months from the date of accrual.
(d) Paid time off in lieu of overtime worked will be regarded as time worked for the purposes of accumulating all employee entitlements under this Agreement.
(e) On each occasion employees elect to use this provision, the resulting agreement will be recorded in the time and wages records at the time the Agreement is made.
(f) This clause does not apply to work on a public holiday.