Excessive Annual Leave definition

Excessive Annual Leave means where an employee who works an average of 38 ordinary hours per week has accrued 8 weeks or more annual leave over a 2 year period.
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Excessive Annual Leave is defined as accrued leave in excess of 150% of an Employee’s annual entitlement to annual leave (e.g. in excess of 7.5 weeks leave for an Employee who has an entitlement to 5 weeks’ leave per year as a Registered Nurse or as a “shift worker” Aged Care Employee or Enrolled Nurse). Provided further that:
Sample 1
Excessive Annual Leave is defined as accrued leave in excess of 150% of an Employee’s annual entitlement to annual leave (e.g. in excess of 7.5 weeks leave for an Employee who has an entitlement to 5 weeks’ leave per year as a Registered Nurse or as a “shift worker” Aged Care Employee or Enrolled Nurse). Provided further that:
Sample 1

Examples of Excessive Annual Leave in a sentence

  • Excessive Annual Leave Accruals Where the Employee has accrued and not taken the equivalent of 2 years of their annual leave accrual, the Employer may request a meeting with the Employee in order to genuinely try to agree upon steps that will be taken to reduce or eliminate the employee’s excessive leave accrual.

  • Excessive Annual Leave The Employer may direct an Employee to take a period of annual leave where the Employee has accrued an excessive amount of paid annual leave.

Related to Excessive Annual Leave

  • Base Annual Salary means the annual cash compensation relating to services performed during any calendar year, whether or not paid in such calendar year or included on the Federal Income Tax Form W-2 for such calendar year, excluding bonuses, commissions, overtime, fringe benefits, stock options, relocation expenses, incentive payments, non-monetary awards, directors fees and other fees, automobile and other allowances paid to a Participant for employment services rendered (whether or not such allowances are included in the Employee’s gross income). Base Annual Salary shall be calculated before reduction for compensation voluntarily deferred or contributed by the Participant pursuant to all qualified or non-qualified plans of any Employer and shall be calculated to include amounts not otherwise included in the Participant’s gross income under Code Sections 125, 132(f), 402(e)(3), 402(h), or 403(b) pursuant to plans established by any Employer; provided, however, that all such amounts will be included in compensation only to the extent that, had there been no such plan, the amount would have been payable in cash to the Employee.

  • Average Annual Bonus means the average of the annual bonuses (if any) from the Company earned by the Executive with respect to the Bonus Fiscal Years during all or any portion of which the Executive was employed by the Company; and, provided, further, that, if the Executive was not employed by the Company during all or any portion of any of the Bonus Fiscal Years, “Average Annual Bonus” means zero.

  • Average Annual Debt Service means, at the time of calculation, the sum of the Annual Debt Service for the remaining years of the loan to the last scheduled maturity of the loan divided by the number of those years.

  • Current Annual Compensation means the greater of:

  • Annual leave and Clause 6.3 “Personal (Sick) Leave” of this Agreement.

  • Semi-annual (2/Year) sampling frequency means the sampling shall be done during the months of June and December, unless specifically identified otherwise.

  • Crop year means any 12 month period which represents the planting, growing, harvesting and marketing of an insurable crop, as stated in the Schedules;

  • Maximum Annual Debt Service means, as of the date of any calculation, the largest Annual Debt Service during the current or any future Bond Year.

  • Base Period Income is an amount equal to Executive's "annualized includable compensation" for the "base period" as defined in Sections 280G(d)(1) and (2) of the Code and the regulations adopted thereunder. Generally, Executive's "annualized includable compensation" is the average of Executive's annual taxable income from Company for the "base period," which is the five calendar years prior to the year in which the Change of Control occurs. These concepts are complicated and technical and all of the rules set forth in the applicable regulations apply for purposes of this Agreement.

  • Annual Rate of Pay means, as of any date, an employee’s annualized base pay rate. An employee’s Annual Rate of Pay shall not include sales commissions or other similar payments or awards.

  • Federal short-term rate means the rate of the average market yield on outstanding marketable obligations of the United States with remaining periods to maturity of three years or less, as determined under section 1274 of the Internal Revenue Code, for July of the current year.

  • Vacation Year means the twelve (12) month period commencing on the first (1st) day of April in each calendar year and concluding on the thirty-first (31st) day of March of the following calendar year.

  • Limitation Year means the Plan Year.

  • Average Monthly Compensation means the quotient determined by dividing the sum of the Employee’s then current Base Salary (as defined in Section 4.1 hereof) and the greater of the most recently paid Incentive Compensation (as defined in Section 4.2 hereof) or the average of Incentive Compensation paid over the three most recent years by twelve.

  • Water Year means the period commencing with October 1 of 1 year 20 and extending through September 30 of the next; and