Common use of Attendance Incentive (Sick Leave Cash Out Clause in Contracts

Attendance Incentive (Sick Leave Cash Out. Any sick leave not taken shall accumulate from year to year unless the employee elects to be paid for some accumulated sick leave under the Attendance Incentive Program as provided by the following: (1) in January any eligible employee may exercise an option to receive remuneration for unused leave for illness or injury accumulated in the previous calendar year at a rate equal to one day’s monetary compensation of the employee for each four (4) full days of accrued leave for illness or injury in excess of sixty

Appears in 3 contracts

Samples: Collective Bargaining Agreement, Collective Bargaining Agreement, Collective Bargaining Agreement

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