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 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 one hundred (100) hours at any time. Any credits over the 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 one hundred (100) hours will the employee be allowed to earn additional leave credits up to the 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 department 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 one hundred seventy (10070) hours at any time. Any credits over the one hundred (100) 70 hour maximum leave balance will be paid out in cash. Only when an employee has reduced the leave bank to less than one hundred (100) 70 hours will the employee be allowed to earn additional leave credits up to the one hundred (100) 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 department 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 one hundred seventy (10070) hours at any time. Any credits over the one hundred (100) 70 hour maximum leave balance will be paid out in cash. Only when an employee has reduced the leave bank to less than one hundred (100) 70 hours will the employee be allowed to earn additional leave credits up to the one hundred (100) 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 department 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 one hundred seventy (10070) hours at any time. Any credits over the one hundred (100) 70 hour maximum leave balance will be paid out in cash. Only when an employee has reduced the leave bank to less than one hundred (100) 70 hours will the employee be allowed to earn additional leave credits up to the one hundred (100) 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 department 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 one hundred (100) hours at any time. Any credits over the one hundred (100) 100 hour maximum leave balance will be paid out in cash. Only when an employee has reduced the leave bank to less than one hundred (100) 100 hours will the employee be allowed to earn additional leave credits up to the one hundred (100) 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.