Debit hours definition

Debit hours means the shortfall between ordinary hours worked by an Employee and the required ordinary hours at the end of a settlement period.
Debit hours means the debit which arises when the actual hours worked in a settlement period, including approved leave taken during the settlement period and any carry over from the previous settlement period, are less than the contract hours for the period.

Examples of Debit hours in a sentence

  • Debit hours in excess of ten (10) hours for two (2) consecutive accounting periods will be considered as absence without pay.

  • Debit hours are not interchangeable with leaves of approved absences.

  • Debit hours in excess of ten (10) will be reported to the Senior Department Head/Manager, and if not cleared within the succeeding accounting period, will be automatically deducted from the employee’s pay cheque, at the regular rate of pay, on the next appropriate payroll date.

  • Debit hours will be carried forward to the next settlement period.

  • Debit hours below the ordinary hours of 150 hours per settlement period to a maximum of 4 hours are permitted at the end of each settlement period.

  • Debit hours in excess of ten hours for two (2) consecutive accounting periods will be considered as absence without pay.

  • Debit hours shall be carried forward to the next settlement period.

  • Debit hours in excess of ten hours for two consecutive accounting periods will be considered as absence without pay.

  • Debit hours in excess of hours for 2 consecutive accounting periods will be considered as absence without pay.

Related to Debit hours

  • Support Hours means between 8:30am and 5pm during Monday to Friday excluding standard UK Bank Holidays.

  • Peak Hours or “Peak Period” means the period with the highest ridership during the entire transit service day as determined by the transit operator. Must include at least one hour during the morning commute hours and one during evening commute hours, Monday through Friday. Each Peak Period cannot be longer than three hours.

  • Base Hours means the hours of work for which a staff member receives compensation. Base hours shall include overtime hours for which a staff member is paid additional or overtime compensation, and hours for which a staff member receives workers’ compensation benefits. Base hours shall also include hours a staff member would have worked except for having been in military service. Base hours do not include hours for when a staff member receives other types of compensation, such as administrative, personal leave, vacation, or sick leave.

  • Off-Peak Hours means those hours which are not On-Peak Hours.

  • On-Peak Hours means Hour Ending (“HE”) 0800 through HE 2300 EPT, Monday through Friday, excluding Saturday, Sunday and PJM holidays.