Cashing Out. The Employer shall allow up to fifteen (15) minutes on the Employer's time to an employee who has the responsibility of "cashing out".
Cashing Out. Employees may cash out PTO in accordance with the terms of the Medical Center’s policy applicable to the majority of unrepresented employees.
Cashing Out. Nurses may cash out PTO in accordance with the terms of the Hospital’s policy applicable to the majority of unrepresented employees, as it is currently in effect and as may be changed from time to time.
Cashing Out. Cash out of PTO will be in accordance with SHS policy and applicable law. Employees may make cash out elections once per year in the month of November for actual cash out to take effect once per quarter in any or all of the four quarters of the following year. Employees may cash out a maximum of one hundred sixty (160) hours per year.
Cashing Out. Employees who are eligible to access their accruals of long service leave (i.e. after 7 years service) may apply in writing to "cash-out" a proportion of such leave instead of taking leave. However, at least 4 weeks leave must be retained at any time, to be taken as long service leave in the usual manner. "Cashing-out" may occur only once in any 5 year period.
Cashing Out. The Company shall allow up to twenty (20) minutes on the Company's time to an employee who has the responsibility of "cashing out".
Cashing Out a. The ABC may, by agreement with an employee, cash out an amount of accrued annual leave provided that:
i. subject to subclause 37.3.4.a.ii, the cashing out may not result in the employee's remaining accrued entitlement to paid annual leave being less than six weeks;
ii. each cashing out of a particular amount of annual leave must be by a separate agreement between the ABC and the employee;
iii. the employee must be paid the full amount that would have been payable to the employee had the employee taken the leave that the employee has foregone at the time the leave is being cashed out; and
iv. the employee's accrued annual leave entitlement will be reduced by the amount of the annual leave cashed out.
Cashing Out. Subject to approval by the Xxxx or Director, a staff member who has accrued more than their annual entitlement to annual leave (ie more than 20 days for a full-time staff member) may apply to cash out annual leave in excess of their annual entitlement as follows:
Cashing Out a. All vacation accrued on July 1 of each year; however, it is earned on a month to month basis. All vacation payouts, including Nutritional Services Assistants, can only be for earned vacation.
b. With the exception of Nutrition Service Assistants I & II, all unit members may cash out 50% of their earned vacation in November of each year. If they wish to have a November 30th cash payout, they must notify the Payroll Department in writing by November 1st. This payout is in addition to the current practice of an end of fiscal year payout.
i. As is the current practice, Nutritional Service Assistants I & II may request a cash payout for non-paid days during the fall, winter and spring break.
Cashing Out. Cashing out Annual Leave accrued after the application of the Standard:
(a) This Agreement treats the employees entitlements to annual leave accrued before the Australian Fair Pay and Conditions Standard (the Standard) applied to the employee’s employment differently from annual leave accrued under the Standard.
(b) The employer will advise the employee when the Standard began applying to the employee for the purpose of accruing annual leave entitlements.
(c) An employee may elect to receive payment in lieu of taking annual leave under this Agreement provided that:
(i) the employee has accrued at least that amount of annual leave;
(ii) the employee has given the employer a written request to cash out some or all of their accrued annual leave entitlement; and
(iii) the employer authorises the employee’s request.
(d) During each 12 month period, and employee may elect to cash out up to 10 days of accrued annual leave of the nominal hours worked during that period.
(e) Payment for cashed out annual leave may be made at the ordinary rate of pay that the employee receives at the time the election is made.
(f) If electing to cash out a portion of accrued annual leave, the employee will no longer be entitled to take that amount of leave. Cashing out Annual Leave accrued prior to the application of the Standard:
(a) This Agreement treats the employees entitlements to annual leave accrued before the Australian Fair Pay and Conditions Standard (the Standard) applied to the employee’s employment differently from annual leave accrued under the Standard.
(b) The employer will advise the employee when the Standard began applying to the employee for the purpose of accruing annual leave entitlements.
(c) Any entitlement to annual leave accrued by an employee before the Standard began applying to the employees employment may be cashed out by agreement between the employer and the employee, provided that:
(i) the employee elects in writing to cast out some or all of that accrued leave; and
(ii) the employer agrees to the employee cashing out that accrued annual leave.
(d) No maximum or minimum limits apply to the amount of annual leave that an employee can elect to cash out, where such annual leave accrued before the Standard applied to the employee’s employment.
(e) Payment for cashed out annual leave will be made at the ordinary rate of pay that the employee receives at the time the election is made.
(f) In electing to cash out an amount of accrued annual leave, the emplo...
