Banking of Overtime. The Company may permit Employees to bank up to 120 hours of overtime to be used during periods of lay-off. During periods of layoff, crew-down and other work shortages, banked overtime hours may be used in the same manner as vacation days. Employees may replenish any banked hours used, subject to the 120 hour maximum noted above, and may request payout of banked overtime pay at any time, in accordance with the Division’s normal payroll practice.
Appears in 5 contracts
Samples: Collective Bargaining Agreement, Collective Bargaining Agreement, Collective Bargaining Agreement
Banking of Overtime. The Company may permit Employees to bank up to 120 80 hours of overtime to be used during periods of lay-off. During periods of layoff, crew-down and other work shortagesWhere an employee is laid off, banked overtime hours may be used in the same manner as vacation days. Employees may replenish any banked hours used, subject to the 120 80 hour maximum noted above, and may request payout of banked overtime pay at any time, unused hours once per year in accordance with the Division’s normal payroll practicepractice at their division.
Appears in 4 contracts
Samples: Collective Bargaining Agreement, Collective Bargaining Agreement, Collective Bargaining Agreement
Banking of Overtime. The Company may permit Employees to bank up to 120 hours of overtime to be used during periods of lay-off. During periods of layoff, crew-down and other work shortagesWhere an employee is laid off, banked overtime hours may be used in the same manner as vacation days. Employees may replenish any banked hours used, subject to the 120 hour maximum noted above, and may request payout of banked overtime pay at any time, unused hours once per quarter in accordance with the Division’s normal payroll practice.
Appears in 1 contract
Samples: Collective Bargaining Agreement
