Common use of Time Off in Lieu Accumulation Clause in Contracts

Time Off in Lieu Accumulation. 15.4.1 A scheduled employee may at his/her discretion accumulate and take equivalent time off in lieu of payment for overtime hours (i.e. hours worked in excess of 160 hrs.) shall record the equivalent hours on his or her time sheet. Such time shall be known as Time in Lieu. (i) Time in Lieu may be accumulated to a maximum of 120 hours between July 1st and June 30th each year. Time in Lieu will be scheduled to be taken at a time mutually agreed to by the employee and his or her supervisor. (ii) The time in lieu option applies only to the equivalent of half or full days based on the accumulated eligible work hours. Any hours in excess of this maximum will be paid at the appropriate rate. (iii) All time in lieu accumulated up to and including the last pay period in May shall be liquidated in cash and paid out by July 3rd except as follows: a) accumulated time in lieu may be taken as time off up to the last pay period in August if such time off is scheduled and approved before the time sheet due date for the last pay period in May; b) accumulated time in lieu included in a time sheet submitted after the time sheet due date for the last pay period in May will be carried forward to the next accrual period. c) if employment is terminated for any reason, accrued time in lieu shall be paid out in full. 15.4.2 In the event this time in lieu is not taken in full within the year (i.e. prior to the time sheet due date for the last pay period in May), such credits shall be paid-out at the rate they were originally earned. • Time off may, by mutual agreement, be added to an employee’s annual leave. It is understood annual leave has clear priority over an employee’s time off in lieu request.

Appears in 4 contracts

Sources: Collective Agreement, Collective Agreement, Collective Agreement

Time Off in Lieu Accumulation. 15.4.1 A scheduled employee may at his/her their discretion accumulate and take equivalent time off in lieu of payment for overtime hours (i.e. hours worked in excess of 160 80 hrs.) shall record the equivalent hours on his or her time sheet. Such time shall be known as Time in Lieu. (i) Time in Lieu may be accumulated to a maximum of 120 hours between July 1st and June 30th each year. Time in Lieu will be scheduled to be taken at a time mutually agreed to by the employee and his or her supervisor. (ii) The time in lieu option applies only to the equivalent of half or full days based on the accumulated eligible work hours. Any hours in excess of this maximum will be paid at the appropriate rate. (iii) All time in lieu accumulated up to and including the last pay period in May shall be liquidated in cash and paid out by July 3rd the first pay period in September except as follows: a) accumulated time in lieu may be taken as time off up to the last pay period in August if such time off is scheduled and approved before the time sheet due date for the last pay period in May; b) accumulated time in lieu included in a time sheet submitted after the time sheet due date for the last pay period in May will be carried forward to the next accrual period. c) if employment is terminated for any reason, accrued time in lieu shall be paid out in full. 15.4.2 In the event this time in lieu is not taken in full within the year (i.e. prior to the time sheet due date for the last pay period in May), such credits shall be paid-out at the rate they were originally earned. • Time off may, by mutual agreement, be added to an employee’s annual leave. It is understood annual leave has clear priority over an employee’s time off in lieu request.

Appears in 1 contract

Sources: Collective Agreement

Time Off in Lieu Accumulation. 15.4.1 A scheduled employee may at his/her their discretion accumulate and take equivalent time off in lieu of payment for overtime hours (i.e. hours worked in excess of 160 80 hrs.) shall record the equivalent hours on his or her time sheet. Such time shall be known as Time in Lieu. (i) Time in Lieu may be accumulated to a maximum of 120 hours between July 1st and June 30th each year. Time in Lieu will be scheduled to be taken at a time mutually agreed to by the employee and his or her supervisor. (ii) The time in lieu option applies only to the equivalent of half or full days based on the accumulated eligible work hours. Any hours in excess of this maximum will be paid at the appropriate rate. (iii) All time in lieu accumulated up to and including the last pay period in May shall be liquidated in cash and paid out by July 3rd the first pay period in September except as follows: (a) accumulated time in lieu may be taken as time off up to the last pay period in August if such time off is scheduled and approved before the time sheet due date for the last pay period in May; (b) accumulated time in lieu included in a time sheet submitted after the time sheet due date for the last pay period in May will be carried forward to the next accrual period. (c) if employment is terminated for any reason, accrued time in lieu shall be paid out in full. 15.4.2 In the event this time in lieu is not taken in full within the year (i.e. prior to the time sheet due date for the last pay period in May), such credits shall be paid-out at the rate they were originally earned. • Time off may, by mutual agreement, be added to an employee’s annual leave. It is understood annual leave has clear priority over an employee’s time off in lieu request.

Appears in 1 contract

Sources: Collective Agreement