Banked Time. Overtime & Time Balancing Overtime is earned when the Company requests an employee to work overtime. Banked straight time is earned when an employee requests approval to work additional hours for the purpose of accruing time for time balancing purposes, there is an operational requirement for the work to be done, and the Manager approves the banked straight time in advance. Employees shall have the choice of having their authorized overtime paid out or accrued as per Articles 21.02 and 21.03 in a renewable time bank, subject to the following conditions:
Banked Time. Employees shall be given the option of choosing overtime pay or equivalent time off in lieu of overtime, up to an aggregate annual maximum of:
Banked Time. The purpose of “Banked Time” is to provide unit members with time for classroom planning, collaboration, and preparation at the unit member’s discretion, professional development, and staff meetings during the contracted work day. Staff hours and instructional minutes shall remain the same as in the 2013/14 school year. However, xxxx schedule times shall be adjusted to accommodate thirty-six (36) minimum days during each school year.
Banked Time. The implementation of these provisions shall not be considered to be a layoff. 8.01.03 The statutory holidays, as specified shall be observed by the parties to this Agreement on the normal calendar day of occurrence, or the legal date for observance of the statutory holiday established by legislation, or a day designated by the City. 8.01.04 Employees shall be eligible for the premium pay provisions of Article 6.05-
Banked Time. 11.01 All full-time employees employed on a twelve (12) month basis shall be eligible to bank a maximum of thirty (30) minutes per day to a maximum of six (6) days banked time per year subject to the prior approval of their supervisor.
Banked Time. 10.03 In addition to the normal work schedule, a day worker may elect to accumulate extra hours on a straight time basis to a maximum of seventy-five
Banked Time. An employee who, with the approval of his or her supervisor, agrees to work beyond his or her normal hours of work may choose:
Banked Time. During the course of negotiation, the Institute proposed a new procedure for the generation of banked time. The parties agreed that the Institute's proposal would be implemented on a trial basis. Accordingly, notwithstanding Articles 7.05 to 7.08, the following procedure regarding banked time will be applicable for the duration of this collective agreement:
Banked Time. An employee shall have the option of accumulating overtime, rather than being paid for such time. Should the employee wish to bank their time, the employee shall advise their Supervisor within twenty-four (24) hours of the working of such overtime. Overtime shall be accumulated at the appropriate rate as defined by the Collective Agreement, and may be taken as paid leave, at any time mutually agreeable to the Employer and employee. It is recognized that employees utilizing vacation will receive preference over employees utilizing banked time in the scheduling of time off. Banked time shall not exceed seventy (70) hours at any time. Banked time, including time accumulated under Article 18.5, which is not utilized or scheduled as of November 1st, to be utilized by December 31 of that year, shall be paid out, or the employee shall have the option of requesting the carryover of thirty-five (35) hours to the following calendar year.
