Common use of COMPENSATORY LEAVE WITH PAY Clause in Contracts

COMPENSATORY LEAVE WITH PAY. B35.01 Upon request by the employee and at the discretion of the Employer, compensation earned under Articles B4 – Overtime, B5 – Call-back, B6 – Standby, travelling time compensated at an overtime rate under Article B8 –- Travelling Time, and B9 –Scientific Research Allowances may be taken in the form of compensatory leave, which will be calculated at the premium rate laid down in the applicable Article. B35.02 The Employer shall grant compensatory leave at times convenient to both the employee and the Employer. B35.03 Compensatory leave earned in a fiscal year and unused as of September 30th of the following fiscal year shall be paid at the employee’s hourly rate of pay on that September 30th. B35.04 At the request of the employee and with the approval of the Employer, accumulated compensatory leave may be paid out, in whole or in part, at the employee’s hourly rate of pay as calculated from the classification prescribed in the certificate of appointment at the time of the request. B35.05 When an employee dies or otherwise ceases to be employed, he or the employee’s estate shall be paid an amount equal to the product obtained by multiplying the number of hours of earned but unused compensatory leave to his credit by the hourly rate of pay as calculated from the classification prescribed in his certificate of appointment on the date of the termination of his or her employment. B35.06 When a payment is being made as a result of the application of this Article, the Employer will endeavour to make such payment within six (6) weeks following the end of the pay period in which the employee requests payment, or, if the payment is required to liquidate compensatory leave unused at the end of the fiscal year, the Employer will endeavour to make such a payment within six (6) weeks of the commencement of the first pay period after September 30th of the following fiscal year.