Common use of Cash out annual leave Clause in Contracts

Cash out annual leave. By agreement between the employer and employee, an employee may have two weeks of his/her annual leave entitlement per annum paid rather than taking the actual leave. The Employee must have accrued the leave prior to any requests being made to the Employer. The Employer has the right to refuse to pay out leave on the basis of genuine operation requirements.

Cash out annual leave. By agreement between the employer Employer and employee, an employee may have two weeks of his/her annual leave entitlement per annum paid rather than taking the actual leave. The Employee employee must have accrued the leave prior to any requests being made to the Employer. The Employer has the right to refuse to pay out leave on the basis of genuine operation requirements. Leave loading will not be paid on any period of annual leave cashed in at the request of the employee.

Cash out annual leave. By agreement between the employer and employee, an employee may have two weeks of his/her annual leave entitlement per annum paid rather than taking the actual leave. The Employee must have accrued the leave prior to any requests being made to the Employer. The Employer has the right to refuse to pay out leave on the basis of genuine operation requirements. Annual leave loading is not applicable to amounts cashed out.