Common use of Compensation for Overtime Work Clause in Contracts

Compensation for Overtime Work. The provisions of this Article in regard to payment in cash shall be applicable in all cases except where the Employee who has performed the overtime work elects, in writing, to take compensatory time off in lieu of cash; provided that the number of hours of compensatory time credits that an Employee may accumulate shall not exceed two hundred forty (240) hours. For an Employee whose balance exceeds two hundred forty (240) hours as of July 1, 2007, the Employer and the Employee shall mutually agree on a methodology to reduce the balance to two hundred forty (240) hours, including a timetable for such reduction.

Appears in 5 contracts

Samples: Unit 02 Agreement, Unit 03 Agreement, Unit 04 Agreement

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