Time Off in Lieu of Payment for Overtime. a) In lieu of payment for overtime, an employee may elect to accumulate such hours to provide for subsequent time off with pay, on the basis that one (1) hour worked will provide one and one-half (1½) hours of time off with pay. b) Notice of election to accumulate overtime for subsequent time off shall be given to the appropriate supervisor, prior to the completion of the attendance records by such supervisor, for the processing of payroll for each paid period. c) The accumulation of overtime for time off shall not exceed the equivalent of ten (10) working days per calendar year, and the scheduling of such time off shall be mutually agreeable to both the Employer and the employee. Time off must be taken within six (6) months of accruing the time, and in minimum increments of four (4) hours.
Appears in 2 contracts
Sources: Collective Agreement, Collective Agreement
Time Off in Lieu of Payment for Overtime. a) In lieu of payment for overtime, an employee may elect to accumulate such hours to provide for subsequent time off with pay, on the basis that one (1) hour worked will provide one and one-half (1½1- 1/2) hours of time off with pay.
b) Notice of election to accumulate overtime for subsequent time off shall be given to the appropriate supervisor, prior to the completion of the attendance records by such supervisor, for the processing of payroll for each paid period.
c) The accumulation of overtime for time off shall not exceed the equivalent of ten (10) working days per calendar year, and the scheduling of such time off shall be mutually agreeable to both the Employer and the employee. Time off must be taken within six (6) months of accruing the time, and in minimum increments of four (4) hours.
Appears in 1 contract
Sources: Collective Agreement