Vacation Conversion to Cash Sample Clauses

Vacation Conversion to Cash. Confidential Unit Members may cash out vacation leave hours in the increments of ten
AutoNDA by SimpleDocs
Vacation Conversion to Cash. An employee with a balance of eighty (80) vacation hours may convert the excess over 80 to cash at a rate of hour for hour. An employee may cash in up to forty (40) hours per year. Vacation conversions may occur only as long as the balance after conversion is eighty (80), or if the employee has used at least eighty (80) hours in any given year.
Vacation Conversion to Cash. Unit Employees may cash out vacation leave hours in the increments of ten (10) hours as long they maintain a minimum balance of 240 hours, it has been budgeted, and must have the City Manager's Approval. Compensation for vacation leave cashed out will be made at the employee's base rate of pay at the time of cash out. Request for payment of vacation time shall be made in writing to the Finance Department at least thirty (30) days in advance. City of Xxxx Payments of cashed-out vacation leave will be made on the first full pay day which follows the end of the thirty (30) day advance. This payment will be made in the regular payroll check issued for that pay period.
Vacation Conversion to Cash. An employee may convert up to 48 hours of accumulated vacation each quarter to cash. The request must be made at least two (2) weeks in advance of payment. Four requests will be granted annually.
Vacation Conversion to Cash. Employees may request direct payment of accrued vacation hours under either of the following provisions:
Time is Money Join Law Insider Premium to draft better contracts faster.