Cash out of Personal Leave. At the end of each school year, an employee may elect to cash out up to three (3) unused personal leave days at his or her current per diem rate of pay. All cash out requests must be submitted on the appropriate form to Payroll by July 10th of any given year, or June 10th if the employee’s final payroll will be in June.
Cash out of Personal Leave. 11.4.1 Subject to this clause and the provisions of the Act, an employee may elect to forgo a portion of his/her paid personal leave entitlement and receive payment in lieu for the amount of leave foregone.
Cash out of Personal Leave on Termination After 10 Years Upon termination, an Employee who has served continuously with the Employer for a period of ten (10) years will be paid 50% of the Employee’s accrued personal leave up to a maximum of 10 days (for example, for a full time employee with over 20 days personal leave accrued, they will have 76 hours paid out at their ordinary time rate). It is not the intention of the scheme to encourage “sick” Employees to attend work. Employees who are ill are encouraged to see their medical practitioner and if required not to attend the workplace. This clause will no longer have effect upon this Agreement reaching its expiry date and will not be included in future agreements.
Cash out of Personal Leave. The parties to his agreement agree to introduce a cash-out of Personal leave incentive scheme on the following basis:
Cash out of Personal Leave. Where a Permanent Employee, or PIE elects in writing to cash out Personal Leave, this will be paid at the relevant composite rate as per Clause 15.4. The Employee must retain at least twenty-eight (28) days Personal Leave.
Cash out of Personal Leave. A current Employee may cash out their personal/carer’s leave providing the following conditions are satisfied:
