Purchased Leave definition

Purchased Leave means a form of additional paid leave whereby an employee elects to purchase up to a maximum of four weeks additional paid leave per year, by having the employer set aside a portion of their weekly wage, for a period of up to 12 months prior to clearing the additional leave, equal to the value of the additional paid leave.
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Purchased Leave means an entitlement whereby employees (other than Casual Employees) may have access to between one (1) and four (4) weeks unpaid leave per year, on a planned basis, in addition to Annual Leave and other entitlements. Redundancy has the meaning given to that term in the Redundancy Provisions.
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Purchased Leave means additional annual leave funded through the reduction of ordinary salary rate by the number of weeks of purchased leave and annualised at a pro rata rate over a twelve month period.
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Examples of Purchased Leave in a sentence

  • Purchased Leave may not be used to break a period of Long Service Leave.

  • The statement outlining the impact that a purchased leave arrangement has on salary and other entitlements will form part of the Request for Purchased Leave Application to be signed by the Employee.

  • The amount deducted will correspond with the amount of Purchased Leave.

  • Trench slurry backfill shall also be used to fill around all sanitary manholes, water valves, hydrants and other appurtenances.

  • In this case, the employee will be refunded the salary deductions made less any Purchased Leave already taken.

  • This option is only available where the employee is not also participating in the Purchased Leave system in that year.

  • Employees shall apply for Purchased Leave in writing on a form provided.

  • A staff member may be required to complete a business case to support any application of leave under the provisions of Leave Without Pay, Purchased Leave and Long Service Leave to be taken at half pay.

  • Purchased Leave The provision for purchased leave relates to Public Service employees who have entered into an agreement to self-fund up to an additional 10 weeks leave per calendar year.

  • Applications to use Purchased Leave will not be unreasonably refused.


More Definitions of Purchased Leave

Purchased Leave means additional annual leave funded through the reduction of ordinary salary rate by the number of weeks of purchased leave and annualised at a pro rata rate over a 12 month period. "Union" shall mean the Amalgamated AWU (SA) State Union.
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Related to Purchased Leave

  • Parental leave means leave to bond and to care for a newborn child after birth or to bond and care for a child after placement for adoption or xxxxxx care, for a period of up to sixteen (16) weeks after the birth or placement.

  • parental bereavement leave means leave under section 80EA of the Employment Rights Act 1996;

  • FMLA Leave means a leave of absence, which the Company is required to extend to an Employee under the provisions of the FMLA.

  • Purchased Asset means (i) with respect to any Transaction, the Eligible Asset sold by Seller to Buyer in such Transaction and (ii) with respect to the Transactions in general, all Eligible Assets sold by Seller to Buyer (other than Purchased Assets that have been repurchased by Seller).

  • maternity leave means a period during which a woman is absent from work because she is pregnant or has given birth to a child, and at the end of which she has a right to return to work either under the terms of her contract of employment or under Part 8 of the Employment Rights Act 1996;

  • Transferred Asset means each asset, including any Loan Asset and Substitute Loan Asset (including, if any, the Participation thereof), Conveyed by the Seller to the Purchaser hereunder, including with respect to each such asset, all Related Property; provided that the foregoing will exclude the Retained Interest and the Excluded Amounts.

  • Paid leave means time away from work by an employee for which the employee receives compensation. Paid leave is limited to sick time, vacation time, compensatory time, and leave that is provided as an aggregate amount for use at the discretion of the employee for any of these purposes. Paid leave does not include paid short-term or long-term disability, catastrophic leave, or similar types of benefits.

  • paternity leave means a period of absence from work on leave by virtue of section 80A or 80B of the Employment Rights Act 1996;

  • Reduced leave schedule means a leave schedule that reduces the usual number of hours per workweek, or hours per workday, of an employee.

  • Pregnancy Leave means leave taken for purposes related to giving birth and/or recovering therefrom.

  • statutory parental bereavement pay means a payment to which a person is entitled in accordance with section 171ZZ6 of the Social Security Contribution and Benefits Act 1992;

  • Purchased Assets has the meaning set forth in Section 2.1.

  • Seller Employees shall have the meaning ascribed thereto in Section 7.4(a) hereof.

  • Transferred Assets means the assets, rights and properties of the Sellers that the Purchasers shall acquire as of the Closing.

  • Medical leave means leave from work taken by a covered individual that is made neces-

  • Family leave means a leave of absence from employment for one (1) of the following reasons: (1) The serious illness of an eligible employee; or (2) the serious illness of a member of an eligible employee’s immediate family. Family Leave, by itself or in combination with statutory Parental Leave (as opposed to contractual parental leave), may not exceed twelve (12) weeks in a twelve (12) month period beginning with the first day either type of leave is used. Leave taken under this Agreement will be credited against any such statutory entitlement to the full extent permitted by law.

  • Transferred Contracts has the meaning ascribed to it in Section 2.1(c).

  • Transferred Real Property means (a) the Transferred Owned Real Property and (b) the premises that is subject to the Transferred Real Property Leases.

  • Acquired Assets has the meaning set forth in Section 2.1.

  • Purchased Contracts has the meaning set forth in Section 2.1.1(a).

  • Purchased Loan means each motor vehicle retail installment loan relating to the sale of an automobile or light-duty truck originated by a Dealer, purchased by the Originator from such Dealer and evidenced by a Purchased Loan Contract; provided, however, that the term “Purchased Loan” shall, for purposes of this Agreement, include only those Purchased Loans identified from time to time on Schedule A hereto.

  • Military caregiver leave means leave taken to care for a covered servicemember with a serious injury or illness.

  • Toll Billing Exception Service (TBE means a service that allows End Users to restrict third number billing or collect calls to their lines.

  • Business Employees has the meaning set forth in Section 4.10(a).

  • Toll Billing Exception Service (TBE) means a service that allows End Users to restrict third number billing or collect calls to their lines.

  • Approved Leave of Absence means a leave of absence that has been approved by the applicable Participating Company in such a manner as the Board may determine from time to time.