Time Off in Lieu of Overtime Clause Samples
The 'Time Off in Lieu of Overtime' clause allows employees to receive paid time off instead of monetary compensation for hours worked beyond their standard schedule. Under this arrangement, when an employee works overtime, they accrue additional leave that can be taken at a later date, typically at a rate equivalent to the overtime hours worked. This clause provides flexibility for both employers and employees, helping to manage labor costs while ensuring employees are fairly compensated for extra work.
POPULAR SAMPLE Copied 26 times
Time Off in Lieu of Overtime. Employees who work overtime will not be required to take time off in regular hours to make up for overtime worked. Time off in lieu may be taken on a mutually agreed upon basis between the employee and the Hospital, such time off will be the equivalent of the premium rate the employee has earned for working overtime. The Hospital shall revert to payment of premium rate if time off is not taken within sixty (60) calendar days."
Time Off in Lieu of Overtime. Instead of cash payment for overtime, an Employee may choose to receive time off at the appropriate rate [i.e. time and one-half (1/2)], at a time mutually agreed upon with the Employer.
Time Off in Lieu of Overtime. Instead of cash payment for overtime, an employee may choose to receive time off at the appropriate overtime rate at a time mutually agreed upon by the employee and the Employer. Lieu time accrued at the appropriate overtime rate, but not taken by November 30 will be paid in money at the employee's normal rate of pay with the last pay in December. Lieu time accrued after November 30 shall be carried into the next year.
Time Off in Lieu of Overtime. Where mutually agreed between the Employer and Employee, time off, calculated at the appropriate overtime rates in lieu of overtime pay may be banked to a maximum of one-hundred (100) hours. Time off in lieu shall be taken at a time mutually acceptable between the Employee and the Employer and must be recorded on time sheets and work records. Any unused portion of the time in lieu bank as of February month end payroll report will be paid out prior to March 31 of each year.
Time Off in Lieu of Overtime. Where time off with pay in lieu of overtime hours worked has not been granted prior to the end of the second (2nd) calendar month immediately following the month in which the overtime was worked, compensation for overtime shall be paid.
Time Off in Lieu of Overtime.
4.3.1 Access to the taking of time off in lieu shall not be unreasonably withheld. It needs to be taken at a time suitable to the operation of the employer and arranged in advance.
4.3.2 Time in lieu can be accrued to a maximum of the ordinary working week.
4.3.3 Time in lieu needs to be taken prior to annual leave and taken within six months of it being earned, or it will be forfeited.
4.3.4 Where time in lieu has been earned but has not been able to be taken because the employer has not been able to accommodate kaimahi requests, an extension may be negotiated or the time in lieu may be cashed up on a T1 basis.
Time Off in Lieu of Overtime. The Employer shall give reasonable consideration to requests from employees working overtime that compensation be in the form of time off rather than in wages, at the appropriate overtime rate, subject to the maintenance of efficient services and operations and the Employer and the employee arriving at mutually satisfactory arrangements for such time off.
Time Off in Lieu of Overtime. (a) On each occasion that an employee works overtime the employee shall elect to either be paid in cash or to bank the overtime to a maximum in the year of one hundred (100) hours straight time for the purpose of having time off in lieu of overtime. Overtime will be paid in accordance with the overtime provisions if the employee does not elect time off in lieu. Requests in relation to overtime hours must be made to the employee's immediate supervisor and must be dated and signed.
Time Off in Lieu of Overtime. By mutual consent between the Employer and the Employee, the Employee may take time off, calculated at the appropriate overtime or call back rates, in lieu of overtime pay.
Time Off in Lieu of Overtime. Employees may be permitted to continuously carry an accumulation of up to seventy-five (75) hours. The Employer shall divide the year into four (4)