CRPEG Bulletin (2017 April 5): For Information: Banked Time MOU

By now, most of you may have heard that other unions discussed and agreed to terms with the company regarding past banked time earned and having a credit applied to it. We also signed something similar regarding past banked time. Essentially the company had a legal concern with regard to banked time being earned at straight time when working more than 40 hours in a week and that it should have been at time and a half.  To resolve this we agreed with the employer that our members should be granted additional leave credit for those hours worked in excess of 40 hours per week.

What’s happening:

HR will go back through our time records  between 2015 April 1 and 2016 July 1 and identify those weeks where we exceeded 40 hours. For those hours in excess of 40 we’ll receive an additional 50% of those hours. (so if you worked 42 in a week you would receive an additional 1hour)

HR will issue a letter with the extra hours identified and those hours will be put in your vacation reserve that will not affect your aggregate hours. Some of you may have received those letters by now. We have attached the MOU which contains all the details of the agreement.