Common use of Compensatory Time in Lieu of Overtime Pay Clause in Contracts

Compensatory Time in Lieu of Overtime Pay. Notwithstanding the foregoing, an employee and his/her supervisor may mutually agree that the employee may accrue compensatory time in lieu of overtime pay. An employee may not accrue compensatory time in excess of forty (40) hours. Compensatory time shall accrue at the rate of one and a half (1.5) hours for every hour of overtime worked. Accrued compensatory time shall be used within ninety (90) days after it is accrued. Employees shall receive pay for any compensatory time not used within the ninety (90) day period. The employee and the supervisor shall mutually agree on when the compensatory time shall be used. All accrued compensatory time in lieu of overtime pay shall be recorded on the overtime lists.

Appears in 5 contracts

Samples: Master Agreement, Master Agreement, Master Agreement

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