Common use of Election of Leave or Cash Clause in Contracts

Election of Leave or Cash. The employee must make an election on each occasion when applying for overtime credit between compensation in cash or leave. Overtime to be compensated for by cash shall be recorded by the employee’s immediate Manager for each two (2) week pay period. When the employee elects compensation in the form of cash, the employee shall be paid following the pay period in which it was earned. The accumulated compensatory leave credits shall not exceed seventy (70) hours at any time. Any credits over the 70 hour maximum leave balance will be paid out in cash. Only when an employee has reduced the leave bank to less than 70 hours will the employee be allowed to earn additional leave credits up to the 70 hour maximum.

Election of Leave or Cash. The employee must make an election on each occasion when applying for overtime credit between compensation in cash or leave. Overtime to be compensated for by cash shall be recorded by the employee’s immediate Manager department for each two (2) week pay period. When the employee elects compensation in the form of cash, the employee shall be paid following the pay period in which it was earned. The accumulated compensatory leave credits shall not exceed seventy one hundred (70100) hours at any time. Any credits over the 70 one hundred (100) hour maximum leave balance will be paid out in cash. Only when an employee has reduced the leave bank to less than 70 one hundred (100) hours will the employee be allowed to earn additional leave credits up to the 70 one hundred (100) hour maximum.

Election of Leave or Cash. The employee must make an election on each occasion when applying for overtime credit between compensation in cash or leave. Overtime to be compensated for by cash shall be recorded by the employee’s immediate Manager for each two (2) week pay period. When the employee elects compensation in the form of cash, the employee shall be paid following the pay period in which it was earned. The accumulated compensatory leave credits shall not exceed seventy one hundred (70100) hours at any time. Any credits over the 70 100 hour maximum leave balance will be paid out in cash. Only when an employee has reduced the leave bank to less than 70 100 hours will the employee be allowed to earn additional leave credits up to the 70 100 hour maximum. When compensatory leave credits are cashed out, they are paid at the rate of pay at which they were earned. When compensatory leave credits are taken in time, they are paid at the rate applicable at the time the leave is taken.

Election of Leave or Cash. The employee must make an election on each occasion when applying for overtime credit between compensation in cash or leave. Overtime to be compensated for by cash shall be recorded by the employee’s immediate Manager for each two (2) week pay period. When the employee elects compensation in the form of cash, the employee shall be paid following the pay period in which it was earned. The accumulated compensatory leave credits shall not exceed seventy (70) hours at any time. Any credits over the 70 hour maximum leave balance will be paid out in cash. Only when an employee has reduced the leave bank to less than 70 hours will the employee be allowed to earn additional leave credits up to the 70 hour maximummaximum .

Election of Leave or Cash. The employee must make an election on each occasion when applying for overtime credit between compensation in cash or leave. Overtime to be compensated for by cash shall be recorded by the employee’s immediate Manager manager for each two (2) week pay period. When the employee elects compensation in the form of cash, the employee shall be paid following the pay period in which it was earned. The accumulated compensatory leave credits shall not exceed seventy (70) hours at any time. Any credits over the 70 hour maximum leave balance will be paid out in cash. Only when an employee has reduced the leave bank to less than 70 hours will the employee be allowed to earn additional leave credits up to the 70 hour maximum.