Common use of Sick Leave Annual Cash Out Clause in Contracts

Sick Leave Annual Cash Out. Each January, an employee is eligible to receive cash on a one (1) hour for four

Sick Leave Annual Cash Out. Each January, January an employee is eligible to receive cash on a one (1) hour for four

Sick Leave Annual Cash Out. Each January, January an employee is eligible to receive cash on a one (1) hour for fourfour (4) hours basis for ninety-six (96) hours or less of his or her their accrued sick leave, if: A. His or her The employee’s sick leave balance at the end of the previous calendar year exceeds four hundred eighty (480) hours;

Sick Leave Annual Cash Out. Each January, January an employee is eligible to receive cash on a one (1) hour for fourfour (4) hours basis for ninety-six (96) hours or less of their accrued sick leave, if: The employee’s sick leave balance at the end of the previous calendar year exceeds four hundred eighty (480) hours; The converted sick leave hours do not reduce their previous calendar year sick leave balance below four hundred eighty (480) hours; and

Sick Leave Annual Cash Out. ‌ Each January, an employee is eligible to receive cash on a one (1) hour for four