Purchasing Additional Leave. 6.2.1 Employees who are entitled to 6 weeks leave (annual/discretionary) per annum may apply to buy additional annual leave (by reducing their annual base salary by 2% per week) according to the following criteria:
a) The maximum buyout will be three weeks per annum;
b) The additional leave will be costed on an individual basis ensuring there is no disadvantage to the employee for each week of leave bought;
c) Any agreement shall be for a minimum of one year and a maximum of three years, and be in writing signed by the employer and the employee;
d) Arrangements must be signed prior to 1 February in the year the additional leave is to be taken;
e) The employee’s annual base salary will be adjusted to reflect the arrangement;
f) All contractual leave must be taken prior to the additional annual leave.
Purchasing Additional Leave. Employees who are entitled to 6 weeks leave (annual/discretionary) per annum may apply to buy additional annual leave (by reducing their annual base salary by 2% per week) according to the following criteria:
Purchasing Additional Leave. (a) The Employer may offer full-time and part-time Employees the opportunity to purchase up to an additional two weeks’ of paid leave each year. Under such an agreement an Employee may access the additional leave in exchange for a reduction in salary of 1.92% for each week of leave purchased.
Purchasing Additional Leave. 20.1 Colleagues may apply to purchase up to two (2) weeks' additional leave in any year.
Purchasing Additional Leave. 26.3 At the request of an employee, the employer may agree to an arrangement (the “arrangement") whereby the employee accrues either 1 (51/52), 2 (50/52), 3 (49/52) or 4 (48/52) weeks additional annual leave in lieu of salary of the equivalent value. Both the agreement to the arrangement and the time at which the additional leave is taken will be dependent on the operational requirements of the facility where the employee works at the particular time.
Purchasing Additional Leave. 5.5.1. Weekly team members can apply to purchase a maximum of 2 weeks of additional leave per Company financial year, using a salary sacrifice deduction scheme. Eligibility
Purchasing Additional Leave. 6.1.7.1. Purchased leave aims to provide the employee with the flexibility to access extra leave to assist in balancing work and personal commitments. By agreement with the employer, an employee may request to purchase an additional one, two, three or four weeks of annual leave per year. In considering this request regard must be had to the operational requirements of the workplace.
Purchasing Additional Leave a worker may, after 12 months continuous service, purchase an additional two weeks annual leave inclusive of 17.5% of leave loading. Purchased annual leave must be applied for annually (per financial year) and taken within 12 months from the date approved. If, at the end of the 12 months period or upon termination, the worker has not taken the purchased annual leave, the worker will be reimbursed the funds accrued. Purchased leave is non accumulative.
Purchasing Additional Leave
