Unused CTO. The employer retains the option to "buy-back" employees' accumulated CTO at or near the end of each fiscal year. In no case, except with approval of the affected employee, shall the employer, through the "buy-back" process, reduce an employee's CTO balance to less than forty (40) hours.
Appears in 3 contracts
Samples: Collective Bargaining Agreement, Labor Contract, Collective Bargaining Agreement
Unused CTO. The employer retains the option to "“buy-back" ” employees' ’ accumulated CTO at or near the end of each fiscal year. In no case, except with approval of the affected employee, shall the employer, through the "“buy-back" ” process, reduce an employee's ’s CTO balance to less than forty (40) hours.
Appears in 2 contracts
Samples: Collective Bargaining Agreement, Tentative Agreement
