Payment for annual leave on termination Sample Clauses

Payment for annual leave on termination. (a) When the employment of an Employee ends and the Employee has accrued untaken paid annual leave, the Employer must pay the Employee the amount that would have been payable to the Employee had the Employee taken the period of leave for the amount of annual leave accrued but not taken at the date of the termination of their employment.
AutoNDA by SimpleDocs
Payment for annual leave on termination. (a) Rate of pay: Where an employee leaves or their employment is terminated, the employee will be paid their accrued balance of annual leave.
Payment for annual leave on termination. (a) The employee will entitled to payment of accrued annual leave upon termination of employment.
Payment for annual leave on termination. If the employment of a weekly employee is terminated by the Company or the employee, shall be paid, in addition to all other amounts due to the employee, their accrued annual leave entitlement and the applicable annual leave loading. In addition, such an employee shall be paid a proportionate amount in respect of annual leave and annual leave loading for any incomplete period of 4 weeks (or the relevant accrual period). Where an employee has accrued leave payable upon termination, the Company shall be deemed to give the leave to the employee from that date and shall therefore also pay the employee’s ordinary hours for any statutory holiday occurring during such period. This period shall not exceed 4 weeks following termination.
Payment for annual leave on termination. The payment on termination of employment for reasons other than redundancy shall be: The balance of employee’s leave accrual in hours by the employee’s hourly rate immediately prior to termination of employment plus an amount of 17.5%.

Related to Payment for annual leave on termination

  • Compensation for Holidays Worked Employees who are required to work on a holiday, shall be compensated at time- and-one-half times the employee's base hourly rate for each hour worked on the holiday up to a maximum of eight and one-half (8½) hours or one-tenth (1/10th) the number of regularly scheduled hours in the employee's standard work period, whichever is less. Time worked in excess of eight and one-half (8½) hours on a holiday shall be compensated in accordance with Article 5, Section 2, Overtime.

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!