Banked Hours. a) Full time employees working approved scheduled overtime will be allowed to bank hours at 1.5 times, in lieu of receiving overtime pay. b) Employees that voluntarily work additional hours at SMILE Services Inc. fundraising events, e.g. Bingo, Parade, will be given time for time. These hours will be banked at straight time. c) The employees will not be allowed to accumulate banked hours in excess of thirty-two (32) hours. d) Banked hours can be used by employees at any time with written request and approval by the Manager. e) Banked hours must be used before the end of the fiscal year and may not be carried over into the next fiscal year except in special circumstances with approval of the Manager.
Appears in 3 contracts
Sources: Collective Bargaining Agreement, Collective Agreement, Collective Agreement