Cashing Out Personal/Carers Leave. (a) Employees have the opportunity to cash in accrued sick days on the basis the accrued number of days is over and above a base number of 25 days at any one given time.
Cashing Out Personal/Carers Leave. An employee may elect to cash some of his/her personal/carers leave entitlement subject to the following. ▪ The employee’s election must be in writing. ▪ The employer agrees to authorize the cashing out of the leave. ▪ That the employee maintains a personal/cares leave entitlement of at least 240 hours after the cashing out. ▪ The effect of cashing out the leave will be to reduce the employee’s entitlement by the amount of leave cashed out.
Cashing Out Personal/Carers Leave. An employee may at his/her discretion and with the agreement of the Company elect to either receive payment for unused personal/carer’s leave accrued in excess of the equivalent of 15 days entitlement through the normal payroll procedure or into the Superannuation fund as provided for in this Agreement in accordance with any statutory requirements and forego a future entitlement to that leave. Payment shall be made at the employee’s aggregate wage rate plus struck average bonus. This cashing out must be by a separate agreement in writing between the Company and the employee, and the employee must retain an equivalent of 15 days personal/carer’s leave after the cashing out.
Cashing Out Personal/Carers Leave. (a) An eligible employee may elect, (subject to the conditions set out in this sub-clause), to forgo some of their accrued personal/carers and receive payment instead.
