Provisions Governing the Payout of Unused Sick Leave. Every year, employees who use four or fewer sick days may choose to receive a payout of some of their unused sick time, based on the following table: Number of sick days used by employee during the year Number of days the employee may elect to receive payout for (at 100% of salary) Amount of annual sick days employees may save in their bank (up to maximum of 960 hours) 0 days 5 days Balance of their 12 days (12 – (days used) – (days paid out)) 1 or 2 days 3 days Balance of their 12 days (12 – (days used) – (days paid out)) 3 or 4 days 1 day Balance of their 12 days (12 – (days used) – (days paid out)) 5 or more days No payout Balance of their 12 days (12 – (days used) – (days paid out)) The payout is valued at 100% of salary, and it doesn’t matter how many hours the employee has saved in their sick bank, only how many sick days the employee used that year. Usage of more than four (4) hours of sick time during a scheduled shift, including partial hours, will constitute use of a sick day for purposes of this policy. For employees covered by this Agreement, use of a sick leave day refers to one 24-hour shift, but for purposes of this Section
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Provisions Governing the Payout of Unused Sick Leave. Every year, employees who use four or fewer sick days may choose to receive a payout of some of their unused sick time, based on the following table: Number of sick days used by employee during the year Number of days the employee may elect to receive payout for (at 100% of salary) Amount of annual sick days employees may save in their bank (up to maximum of 960 hours) 0 days 5 days Balance of their 12 days (12 – (days used) – (days paid out)) 1 or 2 days 3 days Balance of their 12 days (12 – (days used) – (days paid out)) 3 or 4 days 1 day Balance of their 12 days (12 – (days used) – (days paid out)) 5 or more days No payout Balance of their 12 days (12 – (days used) – (days paid out)) The payout is valued at 100% of salary, and it doesn’t matter how many hours the employee has saved in their sick bank, only how many sick days the employee used that year. Usage of more than four (4) hours of sick time during a scheduled shift, including partial hours, will constitute use of a sick day for purposes of this policy. For employees covered by this Agreement, use of a sick leave day refers to one 24-hour shift, but for purposes of this SectionSection 11.3 payouts are made based on an 8- hour day. The employee can choose to receive this payout in cash less standard withholdings, or they may have it transferred to their 457 account on a pre-tax basis.
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Samples: Agreement
