Compensatory Bank Sample Clauses

Compensatory Bank. A supervisor may choose to convert some or all of his/her compensatory time bank to deferred compensation one time during each fiscal year, at a time of their choosing using the employee self-service system, as long as the total hours converted in a fiscal year do not exceed forty (40).
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Compensatory Bank. Each Appointing Authority may establish the maximum amount of hours that may be in the compensatory bank at a given time, provided the amount is not less than forty (40) hours nor more than one-hundred and twenty (120) hours. Those hours earned in excess of the compensatory bank maximum shall be liquidated in cash. The compensatory bank shall be liquidated once annually on a date specified in advance by the Appointing Authority. The Appointing Authority and the Association may agree in a meet and confer to carry over all or a portion of the compensatory bank. Any cash payment of unused compensatory time shall be at the employee’s current rate of pay. An employee who is permanently laid off or who accepts a position with another Appointing Authority or a position not represented by the Association shall have unused compensatory time paid in cash at the employee’s current rate of pay. An employee who has accrued compensatory time off shall, upon termination of employment, be paid for the unused compensatory time at either the average regular rate of pay received by the employee during the last three (3) years of the employee’s employment, or the final rate of pay received by the employee, whichever is greater. Employees may use time in the compensatory time bank at a time mutually agreeable to the employee and the immediate supervisor. A reasonable effort shall be made to honor the employee's request, depending on the staffing needs of the employee's work unit. However, the Appointing Authority may schedule an employee to use time in the compensatory bank by written notice to the employee prior to the specified scheduled time off. Each Appointing Authority shall notify the Association within thirty (30) calendar days of the effective date of this Agreement of the maximum amount of hours that may be in the compensatory bank. For conversion of compensatory time to deferred compensation, see Article 24, Section 14.
Compensatory Bank. The compensatory time bank shall not exceed one hundred twenty (120) hours. Hours worked over the one hundred twenty (120) hours shall be paid in cash. The compensatory time bank shall be liquidated in cash at the employee’s current rate of pay if the employee leaves the Agency or bargaining unit. The Agency may require the employee to use any hours in the compensatory bank by giving the employee written notice by November 1. This compensatory time shall be scheduled off prior to the last day of the last full pay period in the following April. If the hours in the compensatory bank have not been reduced to zero (0) hours by the last day of the last full pay period in April, the hours shall be paid in cash. With written notice to employees and to the Council by November 1, MnDOT offices may extend this period to allow for scheduling the compensatory time off prior to the last day of the first full pay period in the following September, and the hours will be paid in cash if they are not reduced by the first full pay period in September.
Compensatory Bank. The compensatory time bank shall not exceed one hundred twenty (120) hours. Hours worked over the one hundred twenty (120) hours shall be paid in cash. If the hours in the compensatory bank have not been reduced to zero by the last day of the last full pay period in April, the hours shall be paid in cash at the employee’s current rate of pay. An employee who is permanently laid off or who accepts a position with another Appointing Authority or a position not represented by the Council shall have unused compensatory time paid in cash at the employee’s current rate of pay. An employee who has accrued compensatory time shall, upon termination of employment, be paid for the unused compensatory time at either the average regular rate of pay received by the employee during the last three (3) years of employment or the final rate of pay received by the employee, whichever is greater. With written notice to employees and to the Council by November 1, MnDOT offices may extend this period to allow for scheduling the compensatory time off prior to the last day of the first full pay period in the following September, and the hours will be paid in cash if they are not reduced by the first full pay period in September.
Compensatory Bank. The compensatory time bank shall not exceed one hundred twenty (120) hours. Hours worked over the one hundred twenty (120) hours shall be paid in cash. If the hours in the compensatory bank have not been reduced to zero by the last day of the first full pay period in March, the hours shall be paid in cash at the employee’s current rate of pay. An employee who is permanently laid off or who accepts a position with another Appointing Authority or a position not represented by the Council shall have unused compensatory time paid in cash at the employee’s current rate of pay. An employee who has accrued compensatory time shall, upon termination of employment, be paid for the unused compensatory time at either the average regular rate of pay received by the employee during the last three (3) years of employment or the final rate of pay received by the employee, whichever is greater.
Compensatory Bank. Overtime remuneration at the appropriate rate may be made in either cash or compensatory time off or a combination of both at the discretion of the Appointing Authority giving due regard to the desires of the nurse. The established compensatory bank will allow for a balance of at least one hundred and twenty (120) hours, or up to two hundred (200) hours at the Appointing Authority’s discretion. All overtime hours worked over the established maximum hour limit shall be compensated in cash at the hourly rate of pay that the nurse is earning. Nurses may use time in the compensatory time bank at a time(s) mutually agreeable to the nurse and the immediate supervisor. A reasonable effort shall be made to honor the nurse's request, depending on staffing needs. Such requests shall not be unreasonably denied. The Appointing Authority may require the nurse to schedule time off to use any time in the compensatory bank by written notice to the nurse no less than fourteen calendar days prior to the specified scheduled time off. Once compensatory time off has been approved or scheduled it will not be rescinded by the employer except in emergencies. The nurse may rescind requests for compensatory time off with at least twenty-eight (28) days’ notice. Compensatory time must be liquidated in cash prior to transferring to a new Appointing Authority.
Compensatory Bank. Overtime remuneration at the appropriate rate may be made in either cash or compensatory time off or a combination of both at the discretion of the Appointing Authority giving due regard to the desires of the nurse. The Appointing Authority may establish a compensatory bank of not more than eighty (80) hours. All overtime hours worked over the established maximum hour limit shall be compensated in cash at the hourly rate of pay that the nurse is earning. Nurses may use time in the compensatory time bank at a time(s) mutually agreeable to the nurse and the immediate supervisor. A reasonable effort shall be made to honor the nurse's request, depending on staffing needs. Such requests shall not be unreasonably denied. The Appointing Authority may require the nurse to schedule time off to use any time in the compensatory bank by written notice to the nurse no less than fourteen calendar days prior to the specified scheduled time off. Once compensatory time off has been approved or scheduled it will not be rescinded except in emergencies. Compensatory time must be liquidated in cash prior to transferring to a new Appointing Authority.
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Compensatory Bank. The compensatory time bank shall not exceed one hundred twenty (120) hours. Hours worked over the one hundred twenty (120) hours shall be paid in cash. The compensatory time bank shall be liquidated in cash at the employee’s current rate of pay if the employee leaves the Agency or bargaining unit. The Agency may require the employee to use any hours in the compensatory bank by giving the employee written notice by November 1. This compensatory time shall be scheduled off prior to the last day of the last full pay period in the following April. If the hours in the compensatory bank have not been reduced to zero (0) hours by the last day of the last full pay period in April, the hours shall be paid in cash.
Compensatory Bank. The compensatory time bank shall not exceed one hundred twenty (120) hours. Hours worked over the one hundred twenty (120) hours shall be paid in cash. The compensatory time bank shall be liquidated in cash at the employee’s current rate of pay if the employee leaves the Agency or bargaining unit. The Agency may require the employee to use any hours in the compensatory bank by giving the employee written notice by November 1. This compensatory time shall be scheduled off prior to the last day of the first full pay period in the following March. If the hours in the compensatory bank have not been reduced to zero (0) hours by the last day of the first full pay period in March, the hours shall be paid in cash.
Compensatory Bank. The compensatory time bank shall not exceed one hundred twenty (120) hours 26 Hours worked over the one hundred twenty (120) hours shall be paid in cash. If the hours in the 27 compensatory bank have not been reduced to zero by the last day of the last full pay period in April, the 28 hours shall be paid in cash at the employee’s current rate of pay.
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