Common use of Compensatory Time Bank Clause in Contracts

Compensatory Time Bank. Available hours are to be tracked and managed through Telestaff. This is to be referred to as an employee's “Comp Bank.” Employees may only hold a maximum of 48 hours in their Comp Bank at any given time. Available time in an employee’s Comp Bank will carry over from year to year. Upon the retirement of an employee, any time remaining in their Comp Bank will be considered forfeited and will not be compensated for.

Compensatory Time Bank. Available hours are to be tracked and managed through Telestaff. This is to be referred to as an employee's “Comp Bank.” ”. Employees may only hold a maximum of 48 24 hours in their Comp Bank at any given time. Available time in an employee’s Comp Bank will carry over from year to year. Upon the retirement of an employee, any time remaining in their Comp Bank will be considered forfeited and will not be compensated for.

Compensatory Time Bank. Available hours are to be tracked and managed through Telestaff. This is to be referred to as an employee's “Comp Bank.” Employees may only hold a maximum of 48 hours in their Comp Bank at any given time”. Available time in an employee’s Comp Bank will not carry over from year to year. Upon the retirement of an employee, any time remaining in their Comp Bank will be considered forfeited and will not be compensated for.