Common use of Banking of Overtime Hours Clause in Contracts

Banking of Overtime Hours. (a) Overtime compensation, at the applicable rates outlined in Article 7.11, shall be monetary or in time off, at the employee's option. If the employee chooses time off, such time shall be scheduled by mutual agreement of the employee and the Employer. (b) Overtime banked from January to June each year shall be taken prior to December 31st of that year, and overtime banked from July to December shall be taken prior to June 30th the following year. Under special circumstances an employee may apply to the Joint Labour Management Committee to carry over banked time beyond these limits.

Banking of Overtime Hours. (a) Overtime compensation, at the applicable rates outlined in Article 7.11, shall be monetary or in time off, at the employee's option. If the employee chooses time off, such time shall be scheduled by mutual agreement of the employee and the Employeremployer. (b) Overtime banked from January to June each year shall be taken prior to December 31st of that year, and overtime banked from July to December shall be taken prior to June 30th the following year. Under special circumstances an employee may apply to the Joint Labour Management Committee to carry over banked time beyond these limits.

Banking of Overtime Hours. (a) Overtime compensation, at the applicable rates outlined in Article 7.11, compensation shall be monetary or in time off, off at the employee's option. If the employee chooses time off, such time off shall be scheduled by mutual agreement of the employee and the Employer. (b) Overtime employer. Such banked from January to June each year overtime shall be taken prior to December 31st by June 30, of that year, and overtime banked from July to December the current school year or the employee shall be taken prior to June 30th the following yearcompensated in money. Under special circumstances an and by mutual agreement, the employee may apply carry over his/her banked overtime hours beyond June 30 of the current school year, provided the employee has agreed in writing to take such banked overtime hours during a specific period agreeable to the Joint Labour Management Committee to carry over banked time beyond these limitsBoard.