EXCHANGE OF ANNUAL LEAVE LOADING FOR EXTRA LEAVE Sample Clauses

EXCHANGE OF ANNUAL LEAVE LOADING FOR EXTRA LEAVE. 49.1.1 Eligible Employees may elect, in January each year, to receive three and one-half (3.5) days' leave in addition to annual leave. In return they will forfeit their entitlement to payment of annual leave loading in the year in which the additional leave is credited.
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EXCHANGE OF ANNUAL LEAVE LOADING FOR EXTRA LEAVE. 32.1 Staff members may volunteer, in January each year, to receive three and one-half (3.5) days’ leave in addition to annual leave. In return they will forfeit their entitlement to payment of annual leave loading in the year in which the additional leave is credited. These three and a half extra days’ leave will be taken in accordance with normal University leave processes, but are non-cumulative and must be taken prior to 31 December in any given year.
EXCHANGE OF ANNUAL LEAVE LOADING FOR EXTRA LEAVE. 5.5.1. Staff members may volunteer, in January each year, to receive three and one-half (3.5) days’ leave in addition to annual leave. In return they will forfeit their entitlement to payment of annual leave loading in the calendar year in which the additional leave is credited. These three and a half extra days’ leave will be taken in accordance with normal MSA leave processes, but are non-cumulative and must be taken prior to 31 December in any given calendar year.

Related to EXCHANGE OF ANNUAL LEAVE LOADING FOR EXTRA LEAVE

  • Annual Leave Loading (a) In addition to their ordinary pay, an employee, other than a shiftworker, will be paid an annual leave loading of 17.5% of their ordinary pay on a maximum of 152 hours/four weeks annual leave per annum.

  • Accrual Rate of Sick Leave With Pay Credits Full-time employees shall accrue eight (8) hours of sick leave with pay credits for each full month worked. Employees who work less than the full month but at least thirty-two (32) hours during the month shall accrue sick leave with pay on a pro rata basis for the month.

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