Common use of Compensatory Time Bank Clause in Contracts

Compensatory Time Bank. When an employee works overtime, he may elect to bank the hours as compensatory time (herein referred to as “reclaim time”) in lieu of receiving monetary compensation in that pay period. In consideration of the VILLAGE offering this limited compensatory or reclaim time benefit, the VILLAGE and the Union agree, in furtherance of Section 7(o)(5) of the Fair Labor Standards Act, to place restrictions on the use of compensatory time under circumstances which they agree would constitute an “undue disruption” of the Department’s operations. This banked time may be used to take time off at a future date when the leave calendar might otherwise be full and prevent normal scheduling of time off, or in the case of a personal emergency where time off is needed If a personal emergency should arise, hour for hour use is allowed if no overtime is required to cover the absence. Banked Reclaim Time may be accumulated in increments of no less than one-quarter hours at a time. Time shall be banked at a rate of 1.5 times the number of hours worked (e.g., 24 hours worked equals 36 hours banked). A maximum of 72 hours may be held in the bank at any one time. If time worked is to be banked, all of it must be banked (i.e., if 24 hours worked, all 36 must be banked if electing to do so). However, if the full amount would cause the balance accrued to exceed the maximum 72 hours, only that which will bring the balance to 72 hours will be banked and the remainder will be paid as overtime. The following procedure shall be followed for utilizing the Reclaim Time Bank not covered by Section 14.09:

Compensatory Time Bank. When an employee works overtime, he the employee may elect to bank the hours as compensatory time (herein referred to as “reclaim time”) in lieu of receiving monetary compensation in that pay period. In consideration of the VILLAGE offering this limited compensatory or reclaim time benefit, the VILLAGE and the Union agree, in furtherance of Section 7(o)(5) of the Fair Labor Standards Act, to place restrictions on the use of compensatory time under circumstances which they agree would constitute an “undue disruption” of the Department’s operations. This banked time may be used to take time off at a future date when the leave calendar might otherwise be full and prevent normal scheduling of time off, or in the case of a personal emergency where time off is needed If a personal emergency should arise, hour for hour use is allowed if no overtime is required to cover the absence. Banked Reclaim Time may be accumulated in increments of no less than one-quarter hours at a time. Time shall be banked at a rate of 1.5 times the number of hours worked (e.g., 24 hours worked equals 36 hours banked). A maximum of 72 hours may be held in the bank at any one time. If time worked is to be banked, all of it must be banked (i.e., if 24 hours worked, all 36 must be banked if electing to do so). However, if the full amount would cause the balance accrued to exceed the maximum 72 hours, only that which will bring the balance to 72 hours will be banked and the remainder will be paid as overtime. The following procedure shall be followed for utilizing the Reclaim Time Bank not covered by Section 14.09: