Common use of Cashing out annual leave Clause in Contracts

Cashing out annual leave. 18.2.1 An employee may request and/or agree to receive pay in lieu of taking annual leave under this agreement only in the following circumstances where: (a) the employee gives the Company a written request to cash out leave; and (b) the Company must authorise the cashing out; 18.2.2 During each 12 month period, an employee is entitled to cash out an amount of annual leave accrued equal to 1/26th of the nominal hours worked during that period.

Appears in 1 contract

Samples: Collective Agreement

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Cashing out annual leave. 18.2.1 An employee may request and/or agree to receive pay be paid in lieu of taking annual leave under this agreement leave, but only in the following circumstances wherecircumstances: (a) each cashing out of a particular amount of paid annual leave must be made by a separate agreement in writing between the employee gives and the Company a written request to cash out leaveVIS; and (b) the Company must authorise the cashing out; 18.2.2 During each 12 month period, an employee is entitled to cash out an amount of annual leave must not result in the employee’s remaining accrued equal entitlement to 1/26th of paid annual leave being less than four weeks; and (c) the nominal hours worked during employee must be paid at least the full amount that periodwould have been payable to the employee had the employee taken the annual leave that the employee has forgone.

Appears in 1 contract

Samples: Enterprise Agreement

Cashing out annual leave. 18.2.1 An employee may request and/or agree to receive pay in lieu of taking cash out annual leave under this agreement only the following circumstances: i. Annual leave must not be cashed out if the cashing out would result in the following circumstances where: (a) the employee gives the Company a written request employee’s remaining accrued entitlement to cash out leaveannual leave being less than 4 weeks; and (b) the Company must authorise the ii. Each cashing out; 18.2.2 During each 12 month period, an employee is entitled to cash out an of a particular amount of annual leave accrued equal must be: 1. by a separate agreement in writing between the employer and the employee, 2. at the employee’s request, and will not be refused other than for genuine operational reasons. iii. The employee must be paid at least the full amount that would have been payable to 1/26th of the nominal hours worked during employee had the employee taken the leave that periodthe employee has forgone.

Appears in 1 contract

Samples: Enterprise Agreement

Cashing out annual leave. 18.2.1 An employee may request and/or agree to receive pay in lieu of taking cash-out annual leave under this agreement only in the following circumstances whereprovided that: (a) the employee gives would be left with no less than 20 days of accrued annual leave; (b) the Company a written request employer and employee agree in writing to cash cash-out the leave; and (bc) the Company must authorise the cashing out; 18.2.2 During each 12 month period, an employee is entitled to cash out an amount of paid the rate that would have been payable had the employee taken the leave, including the annual leave accrued equal to 1/26th of the nominal hours worked during that periodloading under clause 20.8(b).

Appears in 1 contract

Samples: Enterprise Agreement

Cashing out annual leave. 18.2.1 a) An employee may request and/or agree elect to receive pay payment in lieu of taking annual leave under this agreement only in the following circumstances where: (a) Agreement provided that: ▪ the employee gives has given the Company employer a written request to cash out leavesome or all of their accrued annual leave entitlement; andand ▪ the employer authorises the employee’s request. (b) the Company must authorise the cashing out; 18.2.2 During each 12 month period, an employee is entitled may elect to cash out an a maximum amount of accrued annual leave accrued equal to of 1/26th of the nominal hours worked during that period. c) In electing to cash out a portion of accrued annual leave, the employee will no longer be entitled to take that amount of leave.

Appears in 1 contract

Samples: Employee Collective Agreement

Cashing out annual leave. 18.2.1 An employee The Employer and an Employee may request and/or agree to receive pay in lieu of taking annual leave under this agreement only in the following circumstances where: (a) the employee gives the Company a written request to cash out leave; and (b) the Company must authorise the cashing out; 18.2.2 During each 12 month period, an employee is entitled to cash out an amount of annual leave accrued equal in any year of employment: Provided that any agreement must be in writing and the Employee is not entitled to forgo an amount of annual leave credited to an Employee by the Employer that is more than 1/26th of the nominal hours worked by the Employee during that the period.

Appears in 1 contract

Samples: Employee Collective Agreement

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Cashing out annual leave. 18.2.1 An 30.7.1 The employer and an employee may request and/or agree to receive pay the employee cashing out a particular amount of the employee’s accrued paid annual leave, provided that the agreement does not result in lieu of taking the employee’s remaining accrued entitlement to paid annual leave under this being less than four weeks; and 30.7.2 Each agreement only in the following circumstances where: (a) the employee gives the Company a written request to cash out leavea particular amount of paid leave must be a separate agreement in writing; and (b) 30.7.3 The employer must pay the Company must authorise employee at least the cashing out; 18.2.2 During each 12 month period, an full amount that would have been payable to the employee is entitled to cash out an amount of annual had the employee taken the leave accrued equal to 1/26th of that the nominal hours worked during that periodemployee has foregone.

Appears in 1 contract

Samples: Enterprise Agreement

Cashing out annual leave. 18.2.1 An employee may request and/or agree to receive pay in lieu of taking annual leave under this agreement only in the following circumstances where: (a) The employer and an employee may agree to the employee gives cashing out a particular amount of the Company a written request employee's accrued paid annual leave, provided that the agreement does not result in the employee's remaining accrued entitlements to cash out leavepaid annual leave being less than four weeks; and (b) the Company must authorise the cashing out; 18.2.2 During each 12 month period, an employee is entitled Each agreement to cash out an a particular amount of paid annual leave accrued equal must be a separate agreement in writing; and (c) The employer must pay the employee at least the full amount that would have been payable to 1/26th of the nominal hours worked during employee had the employee taken the paid annual leave that periodthe employee has foregone.

Appears in 1 contract

Samples: Enterprise Agreement

Cashing out annual leave. 18.2.1 An employee may request and/or agree to receive pay in lieu of taking cash out annual leave under this agreement only in at any time as long as the following circumstances whereare met: (a) the employee gives the Company must retain an entitlement to at least 4 weeks paid annual leave; b) there must be a written request to cash out leaveseparate agreement in writing on each occasion; and (bc) the Company employee must authorise be paid at least the cashing full amount that would have been payable had the employee taken the leave the employee has cashed out; 18.2.2 During each 12 month period, an employee is entitled to cash out an amount of annual leave accrued equal to 1/26th of the nominal hours worked during that period.

Appears in 1 contract

Samples: Enterprise Agreement

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