Time in Lieu definition

Time in Lieu. – means that support staff will receive paid time off work instead of overtime pay. Time in Lieu may also be referred to as “Banked Time”.
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Time in Lieu means paid time taken off work during ordinary hours, in lieu of payment for overtime worked.
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Time in Lieu means pre-authorized credit for hours previously worked, for which pay has not been received and for which the Employee is entitled to equivalent time off.
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Examples of Time in Lieu in a sentence

  • Time in Lieu will be scheduled to be taken at a time mutually agreed to by the employee and his or her supervisor.

  • Time off in lieu of overtime (Time in Lieu) must be agreed to and pre-approved before being worked, by the Employer.

  • The following Banked Time in Lieu Of Overtime agreement shall apply to all PWU represented employees as follows: An employee who has accumulated overtime hours shall receive this in earnings, calculated at the appropriate premium rate and cannot be required to take time off in lieu of payment.

  • If the employee has not taken this time within six months, then the employee will forfeit the Time in Lieu hours older than six months unless prior approval to pay out these hours has been agreed by the employer.

  • A manager or her designate will arrange to cover approved Leave of Absence (LOAs), Vacation (VAC) and Time in Lieu (TIL).

  • The employer needs to ensure that if Time in Lieu cannot be taken within six months of accumulating the lieu time that the employee shall be paid for the hours in excess of six months.

  • The leave is to be approved by the Employee’s Supervisor in advance and shall be in the form of an accrued Rostered Day Off, Time in Lieu or Annual Leave.

  • Where the Employer closes one (1) or more of its operations over the Christmas/New Year period and provided not less than two (2) months’ notice in writing to affected Employees, such Employees will be afforded the option of utilising Annual Leave, Time in Lieu and/or Rostered Days Off for the period of closure or, in the event of insufficient credits, leave without pay.

  • It is your employer’s responsibility to track all Time in Lieu accrual, and principals have been provided with detailed instructions around this.

  • Time in Lieu and overtime are applicable; if agreed in advance with the Executive Manager.


More Definitions of Time in Lieu

Time in Lieu means leave with pay in lieu of cash payment for compensation at the overtime or straight time rate where specified in this Agreement. The duration of such leave shall be equal to the time worked multiplied by the applicable overtime rate (or straight time rate where specified). The rate of pay to which an employee is entitled during such leave shall be based on the employee's hourly rate of pay in effect on the day immediately prior to the day on which leave is taken;
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Time in Lieu means paid time taken off work during ordinary hours, in lieu of payment for overtime worked. "Week" means Monday to Sunday.
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Time in Lieu means an Employee being granted paid leave instead of being paid at overtime rates and any such Time In Lieu is calculated on an hour for hour basis (i.e. the Employee is given time off for a period equal to the number of additional hours worked).
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Related to Time in Lieu

  • Fraction means, in respect of any Borrower as determined at any time, a fraction, the numerator of which shall be the Borrower Sublimit of such Borrower at such time, and the denominator of which shall be the sum of the Borrower Sublimits of all Borrowers at such time.

  • Other Consideration means cash and/or any securities (other than New Shares) or assets (whether of the entity or person (other than the relevant Share Issuer) involved in the Merger Event or a third party).

  • Pro Rata Fraction means a fraction, the numerator of which shall be equal to the number of days between the Grant Date and the Participant’s Date of Termination and the denominator of which shall be 1095.

  • Share means a share of the Common Stock, as adjusted in accordance with Section 13 of the Plan.

  • Fractional Share means a fractional share in the ICAV issued in accordance with Section 12.5.