Common use of Banked Overtime Clause in Contracts

Banked Overtime. (a) For each shift an employee may choose to be paid or to credit their total overtime earnings to their overtime bank.

Banked Overtime. (a) For each shift an overtime worked, the employee may be paid in cash or may choose to be paid or to credit their total bank the time at the appropriate overtime earnings to their overtime bankrate, and the time sheet must indicate the choice.