Cashing out annual leave. The employee may, with the agreement of the employer, request in writing, to cash out up to two weeks of their annual leave during each 12 month period. Annual leave cannot be cashed out in advance of it being credited to the employee. Cashed out annual leave will be paid at the rate of pay that the employee receives at the time when the request is made.
Cashing out annual leave. Annual leave may be cashed out by agreement between the Company and an Employee, subject to the following conditions: ▪ An Employee must elect in writing to cash out annual leave; ▪ An Employee must not cash out more than two (2) weeks annual leave in each twelve (12) month period; ▪ The Company must agree to the Employee cashing out their annual leave.
Cashing out annual leave. (a) An Employee may “cash out” an amount of annual leave credited to the employee (in lieu of the amount of annual leave) subject to the following:
Cashing out annual leave a) The employee may, with the agreement of the employer, request to cash out up to 1/26th of nominal hours worked over a 12 month period of their annual leave during each 12 month period.
Cashing out annual leave. (1) An employee may, with the approval of the Secretary, cash out a portion of the employee’s annual leave credit on 1 occasion each financial year.
Cashing out annual leave. (a) A general employee may apply, to the employer, in writing to cash-out a proportion of their accrued annual leave instead of taking this leave and the criteria governing such an application are as follows:
Cashing out annual leave. (a) A school officer or services staff employee may apply, to the employer, in writing to cash-out a proportion of their accrued annual leave instead of taking this leave. The criteria governing such an application are as follows:
Cashing out annual leave a) Employees may elect to cash out half of their accrued paid annual leave entitlement to a maximum of 76 hours (2 weeks) per annum or pro rata equivalent.
Cashing out annual leave. 20.5.1 Australia Post may agree to cash out part of an employee’s accrued annual leave provided that in each case:
Cashing out annual leave. In situations of financial hardship an employee may elect to be paid in the form of a lump sum payment for part of their annual leave entitlement provided that the employee retains a balance of at least four (4) weeks annual leave.
