Purchased Annual Leave. (i) Employees with less than 4 weeks accrued annual leave may elect to purchase up to an additional 4 week’s annual leave by reducing their salary by an equivalent amount in accordance with WaterNSW policy the additional purchased annual leave must be used by 30 June of the financial year in which it is purchased or it may be paid out to the employee by 30 September in the subsequent financial year.
Purchased Annual Leave. By agreement with Utilities Management, an employee may purchase up to twenty (20) days additional annual leave per year with corresponding pay reductions spread evenly over the twelve (12) month period in which the leave will be taken. Part time/ job share employees can purchase additional annual leave in proportion to the number of ordinary hours worked against full time hours. Applications for purchasing addition annual leave will only be considered if the employee’s total annual leave entitlement does not exceed four (4) weeks at the time of application (including annual leave already approved). Note this provision is different when applied as a part of a Phased Retirement Agreement (refer subclause 7.14).
Purchased Annual Leave. 23.14.1 For those employees (including day workers) who wish to have more than 4 or 5 weeks leave as provided for in this agreement per annum an option is available to “purchase” up to an additional 2 weeks leave. An extra week’s leave may be purchased for a sacrifice of 1.92% of salary per week of leave purchased.
Purchased Annual Leave. 38.11.1 An Employee with at least 12 months continuous service who is engaged on a full time or part time basis may apply to the Company to enter into a salary sacrifice arrangement to ‘purchase’ 2 additional weeks of annual leave per annum (“additional annual leave”).
Purchased Annual Leave. 6.5.1. This option allows for up to eight (8) weeks additional annual leave per year, to be taken at a mutually convenient time to AIA and the employee.
Purchased Annual Leave. Employees may apply to increase the number of weeks annual leave by reducing their annual salary. A pro rata adjustment to salary can be made to access additional leave of up to four (4) weeks on a annual arrangement. This means the Employee could work 48/52 through to 51/52 by arrangement. The range of arrangements will be as follows: No of addition weeks leave New work arrangement (standard is 52/52) Total Number of weeks leave in the year Reduction in annual salary 4 weeks 48/52 8 weeks 4 weeks 3 weeks 49/52 7 weeks 3 weeks 2 weeks 50/52 6 weeks 2 weeks 1 week 51/52 5 weeks 1 week The Employee will receive a salary equal to the period worked (eg 49 weeks, 51 weeks) which will be spread over a 52 week period. The Employee will receive superannuation contributions by the Commission that correspond with the revised per annum salary. Sick leave and long service leave will accrue on a fifty-two (52) week basis. Applications must be made in writing for approval by the Divisional Head and are valid for a maximum of twelve months. Any extension of the purchased leave arrangement requires a further written application and formal evaluation. Approval of additional leave arrangements will be based upon:
Purchased Annual Leave. (a) A full-time permanent employee may elect to purchase up to an additional twenty (20) days (152 hours) of annual leave per year. This leave must be requested as either 5, 10, 15 or 20 days.
