Bi-Annual Sick Leave Payout Sample Clauses

Bi-Annual Sick Leave Payout a. All Professional Employees will be eligible for a bi-annual sick leave payout in December and June of each academic year. A Professional Employee may request payment for up to ten (10) unused sick leave days in an academic year. If a professional employee has more than one hundred (100) days of unused sick leave as of June 1st each academic year, all days over one hundred (100) days will be paid out in June each academic year, even if a Professional Employee does not request to participate in the bi-annual sick leave payout. The Professional Employee must complete their full contract or they may be subject to paying back any previously paid out unused sick leave during the current contract year at the time of resignation unless the Professional Employee has been employed with the district for ten (10) or more years.
Sample 1Sample 2
AutoNDA by SimpleDocs

Related to Bi-Annual Sick Leave Payout

  • Annual Sick Leave All full-time employees (i.e. hours per week) shall be entitled to twenty (20) days of sick leave per year. An employee joining the Board staff during the year shall be given current sick leave credits on the basis of days for each months' employment. The sick leave entitlement for part-time employees shall be according to time worked.

  • Sick Leave Payout No cash payment for unused sick leave will be paid to any employee leaving the service of the Employer.

  • Sick Leave Annual Cash Out ‌ Each January, employees are eligible to receive cash on a one (1) hour for four (4) hours basis for ninety-six (96) hours or less of their accrued sick leave, if:

  • Incentive Pay (1) For any calendar year: in which twenty-five percent (25%) of the number of members employed as of January 1 of each year are rated as either Level II or Level III in every phase of the PFT then

  • Education Incentive Pay An employee shall be entitled to receive educational incentive pay as follows:

  • Sick Leave Benefit There are two types of sick leave benefits. Annual sick leave is the sick leave days credited each year to each employee in accordance with the provisions of the local collective bargaining agreements. Banked sick leave is previously accumulated unused sick leave to which unused annual sick leave may be added at the end of each anniversary year.

  • Accrued 100% sick leave The use of sick leave under this subsection is at the employee's discretion.

  • Vacation Payout Where an employee requests in writing to have a specific number of vacation days paid out, and the Employer agrees to the request, the Employer will issue pay in lieu of vacation. Pay in lieu of vacation, if agreed, will be granted only after a minimum of 15 days' vacation time has already been taken in the year.

  • Sick Leave Bonus For every six (6) months of perfect sick leave attendance after July 1, 1987, the employee will receive eight (8) hours of bonus time. This bonus time will be prorated for part-time employees. Such bonus time can be used for any leave purpose covered by this Agreement. Such bonus time shall be counted as vacation leave credits for purposes of determining eligibility for carry- over and cash payments.

  • Sick Leave Payment Any employee, at his/her option may choose to receive payment for sick leave earned during the year which is unused at the end of the year. Any such payment must be for the total number of unused sick leave hours earned during the year, must be based on the hourly rate of pay of the employee multiplied by 50 percent, and all hours for which payment is received must be deducted from the employee’s accumulated leave balance. Sick leave used during a current year will be charged against the most recently earned sick leave. Hourly rate of pay is the hourly rate at the end of the contract year.

Time is Money Join Law Insider Premium to draft better contracts faster.