Time Off in Lieu of Overtime Pay Sample Clauses

Time Off in Lieu of Overtime Pay. Employees who work overtime may elect to take time off in lieu of overtime pay but such time off must be taken at a time mutually agreed upon with the Employer. The length of time off with pay shall be equal to the straight time equivalent to the overtime earnings.
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Time Off in Lieu of Overtime Pay. Employees who work overtime may request time off in lieu of overtime pay, but such time off must be taken at a time mutually agreed upon with the Employer. The length of time off with pay shall be equal to the straight time equivalent to the overtime earnings.
Time Off in Lieu of Overtime Pay. In lieu of payment for overtime worked an employee may choose to receive time off at the regular rate, at a time mutually agreed upon by the employee and the Employer. If such time has not been granted or taken within one hundred and twenty (120) calendar days of the overtime being worked, the employee shall be paid at the time and one half (1.5X).
Time Off in Lieu of Overtime Pay. An Employee who works overtime may, in lieu of overtime pay, opt for equivalent time off at a rate of one and one-half times (1½x) the regular rate for the first 6 hours per each two (2) week period and two times (2x) the regular rate for all hours thereafter. The employee must give written notification of this choice to the Executive Director
Time Off in Lieu of Overtime Pay. Instead of cash payment of overtime, an employee may choose to receive time off in lieu thereof, to a maximum of thirty-five (35) or forty (40) hours per week (depending on the regular hours of work for the employee) at the appropriate overtime rate at a time to be mutually agreed upon between the employee and the employer. Should the time off not be taken or scheduled to be taken by December 1st, the employee shall receive pay at the appropriate overtime rate on the first payroll in December. The maximum lieu time calculation shall not include lieu time as compensation for on-call pay. The employer may allow employees to borrow against future lieu time accumulation. Such request shall not be unreasonably denied.
Time Off in Lieu of Overtime Pay. An Employee who works overtime may, in lieu of overtime pay, opt for equivalent time off. They must give written notification of this choice to the Staff Liaison Officer within ten (10) working days of working the overtime. They shall take the time off at most thirty (30) working days after working the overtime, and at a time mutually agreeable to the Employee, the Employer and the Union.
Time Off in Lieu of Overtime Pay. Overtime pay will be issued for overtime worked, however, by mutual agreement of the employee and the supervisor/manager, time off may be used in lieu of payment of overtime. Such time off is to be arranged at a mutually convenient time. The usage of time off in lieu must be pre-authorized in writing by the employee’s manager. Lieu time must be provided within three (3) months of when it was earned, or with agreement of the employee, within twelve (12) months of when it was earned. Hours banked as lieu time are not to exceed a maximum of sixty (60) hours per employee, and may be monitored by HR. It is understood that banked hours are banked after conversion to regular hours.
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Time Off in Lieu of Overtime Pay. Employees so requesting in writing may elect time off without pay during regular hours to equalize any overtime worked.
Time Off in Lieu of Overtime Pay. When an employee is required by the Company to work overtime and the employee requests that he/she be allowed time off in lieu of payment for the overtime and the Supervisor agrees that the time requested, can be allowed off without interfering with the operation of the Company, he/she may permit the employee time off equivalent in pay to the overtime payment. The maximum hours an employee may be allowed to bank is eighty-eight (88) hours per calendar year. Any unused Bank Time shall be paid out by the 15th day of January of the following year.
Time Off in Lieu of Overtime Pay. An employee may elect to bank overtime to be taken off at a future time each occasion overtime occurs. Such time off shall be calculated in accordance with Article
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