Common use of Banking Overtime Clause in Contracts

Banking Overtime. The purpose of banked overtime is to offset the loss of wages due to a reduction in the regular hours of work as per Article 17. 01. Banked overtime may also be used to offset loss of wages due to the employee’s absence from work due to sick time, medical appointment attendance, and family responsibility leave or to extend bereavement leave. In addition an employee may utilize a maximum of five (5) days of banked overtime as paid time off work however it cannot be used in conjunction with vacation time off. a) Employees will be entitled to bank overtime at the rate of one and one-half (1½) hours for every one (1) hour of overtime worked. b) Employees may only bank overtime in the amount of sixty (60) minutes (thirty (30) minutes at the Hatchery) or more. Any overtime worked that is less than sixty (60) minutes (thirty (30) minutes at the Hatchery) shall be paid out. The maximum amount of time an employee will be allowed to bank at any one time is the equivalent of eighty (80) regular hours per calendar year. Any amount greater than eighty (80) regular hours will be paid out as it is earned. c) Banked overtime will be accumulated from June 1st to May 31st of each year. Any unused banked overtime will either be paid out yearly by the first pay period in June, or upon employee request the employee may choose to have any unused banked overtime deposited to their RRSP as per appendix B-11. Carry-over of banked overtime will not be allowed. d) Employees opting to bank overtime in lieu of payment shall be entitled to take time off from their banked overtime upon giving the Company at least two (2) weeks written notice and will be subject to operational requirements. However, no employee shall be allowed to use banked overtime during the time period of June 1st to September 30th and December 1st to December 31st. e) When scheduling requested banked overtime, vacation scheduling shall take priority. f) Employees shall be entitled to use banked overtime for maximizing hours to a maximum of forty (40) hours per week or in blocks of one hour or more.

Banking Overtime. The purpose of banked overtime is to offset the loss of wages due to a reduction in the regular hours of work as per Article 17. 018. Banked overtime may also be used to offset loss of wages due to the employee’s absence Employees who are absent from work due to sick timeillness and/or injury, medical appointment attendance, and family responsibility leave or leave, to extend bereavement leave. In addition an employee may utilize a maximum of five (5) days of , or any other applicable requested time off work, must use banked overtime as paid time off work however it cannot be used in conjunction with vacation time offto offset loss of wages. (a) Employees will shall be entitled to bank overtime at the rate of one and one-half (1½1½X) hours times for every one each half (1½) hour of overtime worked. Banked overtime will be converted to dollars based on the rate of pay for the classification in which the employee worked the overtime. Employees will draw from the banked time at the base rate of pay. (b) Employees may only bank overtime in the amount of sixty (60) minutes (thirty (30) minutes at the Hatchery) or more. Any overtime worked that is less than sixty (60) minutes (thirty (30) minutes at the Hatchery) shall be paid out. The maximum amount of time an employee will be allowed to bank at any one time is the equivalent of eighty (80) regular hours per calendar year. Any amount greater than eighty (80) regular hours will be paid out as it is earned. c) Banked overtime will shall be accumulated from June 1st to May 31st of each year. Employees may only bank overtime in the amount of thirty (30) minutes or more. Any overtime worked that is less than thirty (30) minutes shall be paid out. (c) Any unused banked overtime will either be paid out yearly by the first (1st) pay period in June, or upon employee request request, the employee may choose to have any unused banked overtime deposited to their RRSP in June as per appendix Appendix B-11. Carry-over of banked overtime will not be allowed. (d) Employees opting to bank overtime in lieu of payment shall be entitled to take time off from their banked overtime upon giving the Company at least two (2) weeks written notice and will be subject to operational requirements. HoweverIn addition, no an employee shall be allowed to use banked overtime during the time period can only request a maximum of June 1st to September 30th and December 1st to December 31st5 consecutive days at any one time. (e) When scheduling requested banked overtime, vacation scheduling shall take priority. (f) Employees shall be entitled to use banked overtime for maximizing hours to a maximum of forty (40) hours per week or in blocks of one hour thirty (30) minutes or more.

Banking Overtime. The purpose of banked overtime It is to offset the loss of wages due to a reduction in the regular hours of work as per Article 17. 01. Banked overtime may also be used to offset loss of wages due to the employee’s absence from work due to sick time, medical appointment attendance, understood and family responsibility leave or to extend bereavement leave. In addition agreed that an employee may utilize at his/her discretion apply all or a maximum portion of five (5) days his/her overtime hours towards an equivalent amount of banked overtime as paid hours of time off work however it canusing the appropriate overtime rate. For example, an employee who works one hour of double time his/her regular rate shall be reimbursed in one of the following ways: 1. Paid at two (2) times his/her regular wage rate, or; 2. Upon Supervisor approval and provided the time off does not impact upon the operation or cause any additional costs, the employee would be used in conjunction with vacation granted two (2) hours time off.off at his/her regular wage rate. The following controls will apply to the banking of overtime: (a) Employees will The maximum number of hours that may be entitled to bank overtime at the rate of one and one-half (1½) hours for every one (1) hour of overtime worked. b) Employees may only bank overtime banked in the amount of sixty (60) minutes (thirty (30) minutes at the Hatchery) or more. Any overtime worked that is less than sixty (60) minutes (thirty (30) minutes at the Hatchery) a calendar year by any employee shall be paid 80 hours at any one time. Once an employee has drawn on the bank either by taking these hours as time off or cashed out. The maximum amount of time , an employee will be allowed to replenish the bank at any one time is to the equivalent maximum cap of eighty (80) regular hours. The maximum number of hours that an employee may take as time off will be limited to eighty hours (80) per year. (b) The intent of this plan is that employees take significant blocks of time off at any one time, i.e., one (1) week. Time off for periods as short as one (1) day will be granted on occasions where reasonable notice is given and shift change premium is not required for the man's/woman’s replacement and subject to point (2) above. (c) Banked time is accumulated over a calendar year. Any amount greater than eighty (80) regular hours Employees are not required to take their banked time off during the calendar year in which it was accumulated but must use their entitlement by March 31st of the following year. To qualify for using this entitlement in the period December 1 to March 31, the employee must have previously scheduled his/her vacation entitlements. Banked time off not taken by the March 31st deadline will be paid out as at the rate it is earned. c) was banked. Banked overtime time off may be taken between September 1st and April 30th. Time off will be accumulated from June 1st arranged by requests to May 31st the immediate Supervisor, and such requests shall be accommodated where time off does not interfere with the operation of the plant and subject to point (2) above. Following the finalization of the vacation schedule on March 31 of each year, requests for remaining vacation and banked time off will be considered and approved on a first come first served basis. Any unused banked overtime will either be paid out yearly by The scheduling process of vacations prior to March 31 shall take preference over the first pay period in June, or upon employee request the employee may choose to have any unused banked overtime deposited to their RRSP as per appendix B-11. Carry-over scheduling process of banked overtime in the event of any conflict. Requests for banked time will not be allowed. d) Employees opting to bank overtime in lieu of payment shall be entitled to take approved only after the banked time off from their banked overtime upon giving the Company at least two (2) weeks written notice has been accumulated and will be subject to operational requirements. However, no employee shall be allowed to use banked overtime confirmed the week before by Friday 10:00 am. (d) Maintenance department employees may not take their accumulated time off during the annual overhaul periods, but their requests for time period of June off outside September 1st to September April 30th and December 1st to December 31stwill be granted where possible. (e) When scheduling requested banked overtimeEmployees may, vacation scheduling shall take priority. f) Employees shall at their discretion, request payment in cash for overtime hours banked. All such requests must be entitled to use banked overtime for maximizing hours to made in writing and signed by the employee making the request. Overtime monies will be included in the employee's regular direct deposit pay following the request provided a maximum of forty (40) hours per week or in blocks minimum of one hour or more(1) week's notice is received prior to issuing direct deposit.