Common use of Banked Leave Clause in Contracts

Banked Leave. Each employee entitled to ▇▇▇▇▇ Days will also be provided with forty-eight (48) hours of paid leave on the first day of each annual shift change over each year. For employees who are reassigned to the 12 hour schedule after the annual shift change, a prorated portion of the 48 hours will be provided (employees who move off the 12-hour schedule will have any remaining balance prorated based on the date of the schedule change). These hours may be used by the employee under the vacation leave scheduling rules. Employees may elect to carry over hours into the next year but shall not carry excess of twelve (12) hours. If the employee does not elect to carry over hours, all hours will be cashed-out each October 1. The cashed out leave shall be included in the employees’ October 25th paychecks and do not carry over to the next year. Employees who terminate their employment with the County prior to October 1 will receive a prorated portion of the remaining balance of the 48-hours, if any, based on their departure date.