What is Flex Time?
Flex time is similar to a floating week; however, you are not able to use all fifty-two weeks out of the year. You may be able to use time frames such as; winter flex or summer flex, blue time frames and white time frames. For example, if you own a winter week at a ski resort, you may use any week that falls within the defined winter months. Due to competition among existing owners for prime weeks, availability may vary. High and low seasons vary from resort to resort. Be sure to investigate this before purchasing a flex week.
“Waiver of Daily Overtime” and the form can be found at the back of the contract. According to our contract employees are entitled to overtime pay at the rate of time and one half for all hours worked in excess of 8 per day (or 10 per day if you work a 4/10 schedule) or 40 hours per week. This is important because state and federal law only require overtime when the employee exceeds 40 hours per week. There is no daily limit under the law. Only our contract confers this important right. Now, sometimes employees have a reason to want to waive this important protection and only be paid overtime when they exceed the 40 hour per week threshold. Maybe they have a job with flexible workloads and they’d like to be able to work late on Thursdays so they can go home early on Friday, for example. We have contract language which allows you to do this IF your supervisor agrees. There is a form appended to the contract called “Waiver of Daily Overtime.” If both you and your suprevisor agree you may