Maximum Banked Time Sample Clauses
The Maximum Banked Time clause sets a limit on the total amount of unused leave or compensatory time that an employee can accumulate and retain for future use. In practice, this means that once an employee reaches the specified cap, they must use some of their banked time before accruing more, or any additional time earned may be forfeited or paid out according to policy. This clause ensures that employees do not indefinitely accumulate excessive leave balances, helping employers manage staffing and financial liabilities more predictably.
Maximum Banked Time. Notwithstanding the provision of sub-section (a) above, no more than three (3) weeks of accumulated overtime and/or call-out and/or standby combined, may be added to employee’s overtime bank in any one (1) calendar year.