Common use of TIME-TRADING Clause in Contracts

TIME-TRADING. Employees who are qualified and capable may mutually agree to exchange days, shifts, or hours of work with the approval of their supervisor which shall not be unreasonably denied and provided such change does not result in the payment of overtime. Hours worked as a result of employee shift/time trading shall be noted by the employee on their pay period time sheets. Hours worked shall be paid at the employee’s regular rate of pay and shall not be computed for overtime (overtime pay or compensatory time off) purposes. It shall be the sole responsibility of the employees involved to keep track of traded hours and arranging for the paying back of traded hours. There shall be no work shift trading in excess of thirty (30) consecutive days without prior written authorization signed by the Administrator.

Appears in 4 contracts

Samples: Agreement, Agreement, Memorandum of Agreement

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