Common use of Cashing up of Annual Holidays Clause in Contracts

Cashing up of Annual Holidays. Only applicable for fixed term agreements less than 12 months 3.2.1 The Employer will not consider any requests made to cash up annual holiday. 3.2.1 An Employee may request, and an Employer may agree, to cash up a maximum of one week of his/her statutory annual holidays and can make his/her first request once he/she has worked for the Employer for a period of at least 12 months and has entitled holiday’s available. 3.2.2 One week can be cashed up for each entitlement year, which is a period of 12 months continuous employment beginning on the anniversary of the Employee’s employment. An Employee who has large amounts of holidays from previous years cannot backdate the cashing up. An Employee can request less than one week and within the same year make a further request, provided the total request for the entitlement year does not exceed one week. 3.2.3 Such request by the Employee to cash up holidays must be in writing. The Employer will consider the request within a reasonable time and reply in writing. 3.2.4 The Employer is under no obligation to agree to a request, nor is the Employer required to give a reason for declining a request. If the Employer agrees to the request, they will make payment as soon as practicable and the rate of pay will be the greater of ordinary weekly pay, or average weekly earnings for the last 12 months.

Cashing up of Annual Holidays. Only applicable for fixed term agreements less than 12 months 3.2.1 The Employer will not consider any requests made to cash up annual holiday. 3.2.1 An Employee may request, and an Employer may agree, to cash up a maximum of one week of his/her statutory annual holidays and can make his/her first request once he/she has worked for the Employer for a period of at least 12 months and has entitled holiday’s available. 3.2.2 One week can be cashed up for each entitlement year, which is a period of 12 months continuous employment beginning on the anniversary of the Employee’s employment. An Employee who has large amounts of holidays from previous years cannot backdate the cashing up. An Employee can request less than one week and within the same year make a further request, provided the total request for the entitlement year does not exceed one week. 3.2.3 Such request by the Employee to cash up holidays must be in writing. The Employer will consider the request within a reasonable time and reply in writing. 3.2.4 The Employer is under no obligation to agree to a request, nor is the Employer required to give a reason for declining a request. If the Employer agrees to the request, they will make payment as soon as practicable and the rate of pay will be the greater of ordinary weekly pay, or average weekly earnings for the last 12 months.