Cashing Out Accrued Annual Leave Sample Clauses

Cashing Out Accrued Annual Leave. (a) During each 12 month period, a full time Employee shall have the option to cash out up to 2 weeks' of the Employee’s accrued Annual Leave entitlement (pro rata for part-time Employees, calculated on the basis of being up to 1/52nd of the annual hours of the Employee).
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Cashing Out Accrued Annual Leave. (a) Paid annual leave must not be cashed out except in accordance with an agreement under clause 6.1.7;
Cashing Out Accrued Annual Leave. (a) By mutual agreement with the Company, an Employee may elect in writing to accept a cash payment for their accrued annual leave, in lieu of taking that annual leave as a holiday, provided that the Employee's remaining accrued entitlement is not reduced below 4 weeks, and in accordance with any Company policy and legislative requirements. The amount of annual leave that is cashed out will then be deducted from the amount of accrued annual leave that is credited to the Employee.
Cashing Out Accrued Annual Leave. An employee may cash out part of their accrued annual leave entitlements, provided:

Related to Cashing Out Accrued Annual Leave

  • Cashing out annual leave Annual leave may be cashed out by agreement between the Company and an Employee, subject to the following conditions: ▪ An Employee must elect in writing to cash out annual leave; ▪ An Employee must not cash out more than two (2) weeks annual leave in each twelve (12) month period; ▪ The Company must agree to the Employee cashing out their annual leave.

  • Cashing out of Annual Leave (a) Annual leave credited to an employee may be cashed out by agreement, subject to the following conditions: (refer to section 93 of the Act)

  • Entitlement to Annual Leave For each year of service with the Employer a full-time or part-time Employee is entitled to four (4) weeks of paid annual leave.

  • Additional Annual Leave (a) Shift Worker as defined by the Act An employee is entitled to accrue an additional amount of paid annual leave, for each completed 12 month period of continuous service with the employer, of 1/52 of the number of ordinary hours worked by the employee, for the employer, as a Shift Worker as defined by the Act during that 12 month period. The additional paid annual leave set out in this sub-clause is not cumulative upon the additional paid annual leave set out in the next sub-clause 21.6(b). The entitlement set out in this sub-clause shall only apply in the event that it provides a more favourable outcome for the employee and, if it does, then sub-clause 21.6(b) shall not apply.

  • Accrued Sick Leave The Board shall provide all employees with a cumulative record 23 of accrued sick leave hours on each pay statement.

  • Payment for annual leave (a) Before going on annual leave, an employee will be paid the amount of wages they would have received for ordinary time worked had they not been on leave during that period.

  • Payment of Annual Leave on Termination On the termination of their employment, an employee will be paid their untaken or pro-rata annual leave.

  • Vacation Leave on Retirement ‌ An employee scheduled to retire and to receive pension benefits under the Public Service Pension Plan Rules or who has reached the mandatory retiring age, shall be granted full vacation entitlement for the final calendar year of service.

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

  • 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:

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