Common use of Leave Cash-In Clause in Contracts

Leave Cash-In. Employees having in excess of 37.5 hours of personal leave shall, upon request to the Employer, receive payment for accrued but unused personal leave at the annualized hourly rate of pay. Under no circumstances may an employee receive a leave cash-in which would reduce the employee's leave balance below 37.5 hours. Payment shall be made no later than one (1) pay period following the pay period in which the request is received.

Leave Cash-In. Employees having in excess of 37.5 hours of personal leave shall, upon request to the Employer, receive payment for accrued but unused personal leave at the annualized hourly rate of pay. Under no circumstances may an employee receive a leave cash-in which would reduce the employee's leave balance below 37.5 hours. No more than six (6) leave cash-ins will be processed in a leave year. Payment shall be made no later than one (1) pay period following the pay period in which the request is received.

Leave Cash-In. Employees having in excess of 37.5 37.540 hours of personal leave shall, upon request to the Employer, receive payment for accrued but unused personal leave at the annualized hourly rate of pay. Under no circumstances may an employee receive a leave cash-in which would reduce the employee's leave balance below 37.5 37.540 hours. No more than six (6) leave cash-ins will be processed in a leave year. Payment shall be made no later than one (1) pay period following the pay period in which the request is received.

Leave Cash-In. ‌ Employees having in excess of 37.5 40 hours of personal leave shall, upon request to the Employer, receive payment for accrued but unused personal leave at the annualized hourly rate of pay. Under no circumstances may an employee receive a leave cash-in which would reduce the employee's leave balance below 37.5 40 hours. Payment shall be made no later than one (1) pay period following the pay period in which the request is received.