Common use of Annual Cash Payment Clause in Contracts

Annual Cash Payment. On an annual basis, any employee with a personal leave balance in excess of eighty (80) hours may elect to receive a cash payment for up to 80 hours at their current hourly rate of pay. Employees must request payment in writing on the designated form each year, and the request must be received by the Human Resources Department no later than November 15th. Human Resources Department will coordinate payment to the affected employees no later than December 10th of each year. (All personal leave payments are subject to regular payroll taxes.)

Annual Cash Payment. On an annual basis, any employee with a personal leave balance in excess of eighty (80) hours may elect to receive a cash payment for up to 80 140 hours at their current hourly rate of pay. Notwithstanding the preceding sentence, employees must maintain a minimum personal leave balance of 80 hours following said cash payment. Employees must request payment in writing on the designated form each year, and the request must be received by the Human Resources Department no later than November 15th. Human Resources Department will coordinate payment to the affected employees no later than December 10th of each year. (All personal leave payments are subject to regular payroll taxes.)

Annual Cash Payment. On an annual basis, any employee bargaining unit memberemployee with a personal leave balance in excess of eighty (80) 204 hours may elect to receive a cash payment for up to 80 1040 hours at their current hourly rate of pay. Employees EmployeesEmployees must request payment in writing on the designated form each year, and the request must be received by the Human Resources Department no later than November 15th. The Human Resources Department will coordinate payment to the affected employees employee noemployees no later than December 10th of each year. (All personal leave payments are subject to regular payroll taxes.)

Annual Cash Payment. On an annual basis, any Any employee with a personal leave balance in excess of eighty (80) hours may elect to receive a cash payment for up to 80 any personal leave in excess of one hundred (100) hours at their current hourly rate of pay. A maximum of one hundred and forty (140) hours may be submitted. Employees must request payment in writing on the designated form each year, and the request must be received by the Human Resources Department no later than November 15th, 2021. The Human Resources Department will coordinate payment to the affected employees employee no later than December 10th of each year. (All personal leave payments are subject to regular payroll taxesNovember 19, 2021.)

Annual Cash Payment. On an annual basis, any employee with a personal leave balance in excess of eighty (80) hours may elect to receive a cash payment for up to 80 100 hours at their current hourly rate of pay. Notwithstanding the preceding sentence, employees must maintain a minimum personal leave balance of 80 hours following said cash payment. Employees must request payment in writing on the designated form each year, and the request must be received by the Human Resources Department no later than November 15th. Human Resources Department will coordinate payment to the affected employees no later than December 10th of each year. (All personal leave payments are subject to regular payroll taxes.)