Common use of Vacation Overtime Provisions (V Clause in Contracts

Vacation Overtime Provisions (V. O.) .1 An employee working overtime for which they are entitled to payment at the rate of double their regular wage rate, shall elect to be paid for such overtime in accordance with the following: (a) Such overtime to be paid for at the overtime rate, or (b) The option of receiving straight time overtime for each hour worked, plus the equivalent number of hours as time off, or (c) The option of receiving double time off. (d) Payout shall be based on the employee’s current rate of pay. .2 If the employee elects to receive time off in lieu of overtime rates they shall inform their Manager of this option prior to reporting such overtime to the Report Centre. .3 The maximum amount of time an employee may bank and maintain will be equivalent to two (2) weeks (straight time) based on the normal working day as defined in the respective Hours of Work Articles.

Appears in 2 contracts

Samples: Collective Bargaining Agreement, Collective Bargaining Agreement

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Vacation Overtime Provisions (V. O.) .1 An employee working overtime for which they are entitled to payment at the rate of double their regular wage rate, shall elect to be paid for such overtime in accordance with the following: (a) Such overtime to be paid for at the overtime rate, or (b) The option of receiving straight time overtime for each hour worked, plus the equivalent number of hours as time off, or (c) The option of receiving double time off., (d) Payout shall be based on the employee’s current rate of pay. .2 If the employee elects to receive time off in lieu of overtime rates they shall inform their Manager of this option prior to reporting such overtime to the Report Centre. .3 The maximum amount of time an employee may bank and maintain will be equivalent to two (2) weeks (straight time) based on the normal working day as defined in the respective Hours of Work Articles.

Appears in 2 contracts

Samples: Collective Bargaining Agreement, Collective Bargaining Agreement

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