Pay Out of Annual Leave Sample Clauses

Pay Out of Annual Leave. An employee covered by this Agreement may request in writing to have up to two weeks per annum of fully accrued annual leave and leave loading paid out in cash instead of taking such leave.
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Pay Out of Annual Leave. (a) The Company commits to discussing annual leave guidelines in each department at the Tullamarine Print Facility. Once guidelines have been agreed in each department with the employees and where appropriate their representatives, the following provisions in sub clause (b), (c) and (d) will apply to that department.
Pay Out of Annual Leave. Where an employee elects, the Company may at its discretion agree to pay annual leave of up to two (2) weeks of the employees annual leave entitlement to an employee as cash payment in lieu of taking the leave (annual leave loading of 17.5% is not payable on cash payouts). Provided that the ‘Election to be paid out Annual Leave’ is in writing from the employee, approved by the employee’s Supervisor and authorised by the Divisional Manager, taking into account any relevant Occupational Health and Safety considerations.

Related to Pay Out of Annual Leave

  • Payment of Annual Leave (a) If an employee takes annual leave during a period, the annual leave shall be paid at the employee’s ordinary pay immediately before the period begins.

  • Cashing out of Annual Leave (a) Annual leave credited to an employee may be cashed out by agreement, subject to the following conditions: (refer to section 93 of the Act)

  • Taking of Annual Leave (a) An employee is entitled to take an amount of annual leave during a particular period if:

  • Payment for annual leave (a) Before going on annual leave, an employee will be paid the amount of wages they would have received for ordinary time worked had they not been on leave during that period.

  • Accrual of Annual Leave (1). Full-time employees appointed for more than nine (9) months, except employees on academic year appointments, shall accrue annual leave at the rate of 6.769 hours biweekly or 14.667 hours per month (or a number of hours that is directly proportionate to the number of days worked during less than a full-pay period for full-time employees), and the hours accrued shall be credited at the conclusion of each pay period or, upon termination, at the effective date of termination. Employees may accrue annual leave in excess of the year end maximum during a calendar year. Employees with accrued annual leave in excess of the year end maximum as of December 31, shall have any excess converted to sick leave on an hour-for-hour basis on January 1 of each year.

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