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) 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. (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. An employee may request to cash out up to two (2) weeks of credited annual leave entitlement every 12 months (or the pro‐rata equivalent for part‐time employees). A request to cash out annual leave must be made to management in writing. An employee will only be able to cash out up to two (2) weeks annual leave accrual per year. So there can be no doubt, it is not possible to cash out annual leave in advance of it being credited to an employee. The amount that is cashed out will be paid at the current rate of pay at the time the employee elects to cash out annual leave. If an election is made to cash out a portion of annual leave, the employee will forgo this amount of annual leave.
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. (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. An employee may request in writing that the employer pays in cash up to 2 weeks of annual leave in any single year instead of that leave being taken. The employer has the option of deciding whether or not to comply with the request.
Cashing out annual leave. An employee may cash out annual leave under the following circumstances:
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:
