Payout of Annual Leave. Annual leave maybe paid out at the request of the Employee only. Only leave accrued in excess of 6 weeks may be paid out. In accordance with section 93 of the Act, for annual leave to be paid out each instance will require a separate agreement in writing between the Employer and Employee. The Employee will be paid at least the full amount that would have been payable to them had they taken the leave. Any leave paid out will also be paid out in accordance with subclause 45.7. Employees shall be paid an amount equal to the weekly payment to XXXX(Q)/ other superannuation fund, XXXX, BEWT and CIPQ for each week of annual leave paid out.
Payout of Annual Leave. If the employee applies to receive payments rather than take a period of accrued annual leave, such application may be approved subject to the following:
Payout of 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. Leave loading is not paid on any amount of annual leave cashed in.
Payout of Annual Leave. 40.10.1 If a team member wishes to cash out their annual leave entitlement they need to reach an agreement in writing with the Employer on each occasion.
Payout of Annual Leave. The Industrial Relations Act has provision for cashing out of annual leave by agreement between the employer and employee. Council has determined that cashing out will be permitted with the proviso that an employee must retain 5 weeks entitlement (12 months accrual). This is to enable employees to have an appropriate work/life balance. Application is made using the appropriate form for approval by the relevant Director, and at least one week notice of payment to be made except in emergent situations
Payout of Annual Leave during the course of employment An employee may apply in writing to his/her Head of Budget Centre to seek a lump- sum salary payment in lieu of part (minimum of 5 days) of his/her accrued annual leave balance which, at the time of exercising the option, is in excess of 25 days. A minimum balance of 20 days’ accrued annual leave must be retained. Each application will be considered on its merits by the Head of Budget Centre (or nominee) and have regard to the leave history and future leave bookings of the employee.
Payout of Annual Leave. Upon separation from employment, an employee shall be paid for all earned, but unused, Annual Leave hours at the employee’s hourly rate of pay upon separation. Payouts after the Conversion to a 40-Hour Overtime Threshold (see Article 11.7 of this Agreement) shall be calculated at the employee’s (post-conversion) hourly rate of pay times 1.097142.
Payout of Annual Leave. The Employer and the Employee may agree to cash out annual leave, subject to the following conditions:
Payout of Annual Leave. (i) An employee with annual leave entitlement in excess of 228 hours (6 weeks) can apply for annual leave to be paid out at their ordinary time rate.
Payout of Annual Leave. 1. A bargaining unit employee shall not be paid for accrued annual leave in lieu of taking such leave except upon separation. Employees having more than six (6) months of continuous employment shall be eligible to receive any annual leave credit accrued as of the date of separation, computed at the employee’s base rate of pay.
