Time Off in Lieu of Payment for Overtime. (a) An employee may elect, with the consent of the Company, to take time off in lieu of payment for overtime at a time or times agreed with the Company within 12 months of the said election. (b) Overtime taken as time off during ordinary time hours shall be taken at the ordinary time rate, that is an hour for each hour worked. (c) If, having elected to take time as leave in accordance with paragraph (a) of this subclause, the leave is not taken for whatever reason, payment for time accrued at overtime rates shall be made at the expiry of the 12 month period or on termination. (d) Where no election is made in accordance with the said paragraph (a), the employee shall be paid overtime rates in accordance with the Agreement.
Appears in 1 contract
Sources: Union Collective Agreement
Time Off in Lieu of Payment for Overtime. (a) An employee may elect, with the consent of the Companyemployer, to take time off in lieu of payment for overtime at a time or times agreed with the Company employer within 12 months of the said election.
(b) Overtime taken as time off during ordinary time hours shall be taken at the ordinary time rate, that is an hour for each hour worked.
(c) If, having elected to take time as leave in accordance with paragraph (a) of this subclause, the leave is not taken for whatever reason, reason payment for time accrued at overtime rates shall be made at the expiry of the 12 month period or on termination.
(d) Where no election is made in accordance with the said paragraph (a), the employee shall be paid overtime rates in accordance with the Agreementaward.
Appears in 1 contract
Sources: Enterprise Agreement
Time Off in Lieu of Payment for Overtime. (ai) An employee may elect, with the consent of the Companyemployer, to take time off in lieu of payment for overtime at a time or times agreed with the Company employer within 12 3 months of the said election.
(bii) Overtime taken as time off during ordinary time hours shall be taken at the ordinary time rate, that is an hour for each hour worked.
(ciii) If, having elected to take time as leave in accordance with paragraph (a) of this subclause, the leave is not taken for whatever reason, reason payment for time accrued at overtime rates shall be made at the expiry of the 12 month period or on termination.
(div) Where no election is made in accordance with the said paragraph (a), the employee shall be paid overtime rates in accordance with the Enterprise Agreement.
Appears in 1 contract
Sources: Enterprise Agreement
Time Off in Lieu of Payment for Overtime. (a) An employee may elect, elect with the consent of the Companyemployer, to take time off in lieu of payment for overtime at a time or times agreed with the Company employer within 12 twelve (12) months of the said election.
(b) Overtime taken as time off during ordinary time hours shall be taken at the ordinary time rate, that is an hour for each hour worked.
(c) If, having elected to take time as leave in accordance with paragraph (a) of this subclauseabove, the leave is not taken for whatever reason, payment for time accrued at overtime rates shall be made at the expiry of the 12 twelve (12) month period or on termination.
(d) Where no election is made in accordance with the said paragraph (a), the employee shall be paid overtime rates in accordance with the Agreement.
(e) Time off in lieu shall be taken at a time mutually suitable to the employer and employee.
Appears in 1 contract
Sources: Enterprise Agreement
Time Off in Lieu of Payment for Overtime. (a) An employee may elect, with the consent of the Companycompany, to take time off in lieu of payment for overtime at a time or times agreed with the Company company within 12 months of the said election.
(b) Overtime taken as time off during ordinary ordinary-time hours shall be taken at the ordinary ordinary-time rate, that is is, an hour for each hour worked.
(c) If, having elected to take time as leave in accordance with paragraph (a) of this subclause, the leave is not taken for whatever reason, payment for time accrued at overtime rates shall be made at the expiry of the 12 12- month period or on termination.
(d) Where no election is made in accordance with the said paragraph (a), the employee shall be paid overtime rates in accordance with the Agreementaward.
Appears in 1 contract
Sources: Workplace Agreement
Time Off in Lieu of Payment for Overtime. (ae) An employee may elect, with the consent of the Companyemployer, to take time off in lieu of payment for overtime at a time or times agreed with the Company employer within 12 months of the said election.
(bf) Overtime taken as time off during ordinary time hours shall be taken at the ordinary time rate, that is an hour for each hour worked.
(cg) If, having elected to take time as leave in accordance with paragraph (a) of this subclause, the leave is not taken for whatever reason, reason payment for time accrued at overtime rates shall be made at the expiry of the 12 month period or on termination.
(dh) Where no election is made in accordance with the said paragraph (a), the employee shall be paid overtime rates in accordance with the Agreementaward.
Appears in 1 contract
Sources: Enterprise Agreement