Common use of Banking of Overtime Clause in Contracts

Banking of Overtime. When an employee is required to work overtime he or she may, if the Employer agrees, elect to receive time off instead of payment. Such time off shall be the equivalent in hours to the pay for such overtime that would have been calculated under Clause 8.3. The employee shall make his election at the time of completing his/her overtime claim sheet.

Banking of Overtime. When an employee is required to work works overtime he or she may, if the Employer agrees, employee may elect to receive time off instead of paymentwith pay. Such time off shall be the equivalent in hours to the pay for such overtime that would have been calculated under Clause 8.3. The employee shall make his election at the time of completing his/her overtime claim sheet.Clause

Banking of Overtime. When 7.5.1 Except as set out in Clause 7.5.3, when an employee is required to work works overtime he or she may, if the Employer agrees, employee may elect to receive time off instead of paymentwith pay. Such time off shall be the equivalent in hours to the pay for such overtime that would have been calculated under Clause 8.37.2. The employee shall make his the election at the time of completing his/her the overtime claim sheet. The supervisor will grant the time off at a time requested by the employee unless the time off requested adversely affects the operation of the department.

Banking of Overtime. When If an employee is required to work overtime he or overtime, she may, if upon prior approval from the Employer agreesSecretary-Treasurer or designate, elect to receive time off instead in lieu of paymentpayment to a maximum accumulation of five (5) working days. Such time off shall be the equivalent in hours to the pay for such overtime that would have been calculated under Clause 8.3. The employee shall make his election at the time of completing his/her overtime claim sheetabove.