Time Off Instead of Overtime Payment Sample Clauses

Time Off Instead of Overtime Payment. By mutual agreement between Australia Post and an individual employee, time off during ordinary working hours is allowed instead of payment for overtime under this Agreement. Such agreement is to be made in writing.
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Time Off Instead of Overtime Payment. (a) An Employee and an Employer may agree that an Employee will be provided with time off instead of being paid an overtime payment for all authorised work performed outside of or in excess of the ordinary or rostered hours.
Time Off Instead of Overtime Payment. Notwithstanding provisions elsewhere in the Schedule, the Company and the majority of employees as provided for in clause 1Facilitative provisions, of this Schedule may agree to establish a system of time off in lieu of overtime provided that:
Time Off Instead of Overtime Payment. (a) An Employee and an Employer may agree that the Employee will be provided with time off instead of being paid for a particular amount of overtime required by the Employer to be worked by the Employee. Any such agreement shall be recorded in writing and state: that the Employer and Employee agree that the Employee will be provided with time off instead of being paid for the overtime; the number of overtime hours to which it applies; and when those hours were worked and shall be retained as an Employee record.
Time Off Instead of Overtime Payment. (a) Where a General Employee has performed work on overtime, the General Employee may elect, with the consent of the Employer, to take time off in lieu of payment for overtime at a time or times agreed with the Employer within 12 months of the election. Such election will be evidenced in writing and kept with time and wages records.
Time Off Instead of Overtime Payment. 13.5. An Employee may elect, to take time off in lieu of payment for overtime at a time or times agreed with the Employer.
Time Off Instead of Overtime Payment a) Where an Employee employed as Administrative Support Staff has performed work on overtime, the Employee may elect, with the consent of the Employer, to take time off in lieu of payment for overtime at a time or times agreed with the Employer within 12 months of the election. Such election will be evidenced in writing and kept with time and wages records.
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Time Off Instead of Overtime Payment. An employee can choose to take time off work at the overtime rate, instead of receiving payment for overtime. Where overtime has been authorised and time in lieu provisions have been agreed, then that time in lieu must be provided within a four week period of the date of the overtime work having occurred. If a period longer than four weeks occurs, then the employee will be paid out at the overtime rate in the next pay-run. Time off in lieu and any subsequent pay out of time off in lieu will be at overtime rates. The period within which the guarantee of basic rates under the Australian Fair Pay and Conditions Standard must be met is 4 weeks. The purpose of including this provision in the Agreement is to facilitate CSL allowing employees to take time off in lieu of overtime without CSL inadvertently breaching the Standard.
Time Off Instead of Overtime Payment. (FLEX TIME)

Related to Time Off Instead of Overtime Payment

  • Time Off in Lieu of Overtime Employees who work overtime will not be required to take time off in regular hours to make up for overtime worked. Time off in lieu may be taken on a mutually agreed upon basis between the employee and the Hospital, such time off will be the equivalent of the premium rate the employee has earned for working overtime. The Hospital shall revert to payment of premium rate if time off is not taken within ninety (90) calendar days of the work week in which the overtime was earned or, with the employee’s agreement, within 12 months of that work week.

  • One-Time Payment Tenant shall pay to Landlord a one-time payment in the amount of Fifty Thousand and No/100 Dollars ($50,000.00), payable within thirty (30) days of the Effective Date and subject to the following conditions precedent: (a) Tenant’s receipt of this Amendment executed by Landlord, on or before October 29, 2017; (b) Tenant’s confirmation that Landlord’s statements as further set forth in this Amendment are true, accurate, and complete, including verification of Landlord’s ownership; (c) Tenant’s receipt of any documents and other items reasonably requested by Tenant in order to effectuate the transaction and payment contemplated herein; and (d) receipt by Tenant of an original Memorandum (as defined herein) executed by Landlord.

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