Sale of Leave Hours Sample Clauses

Sale of Leave Hours. Employees may elect annually to receive compensation for accrued leaves (vacation, holiday, and personal) up to the maximums specified below: Employees who have notified the City by February 1 in writing using the Department-provided form, through the chain of command that they desire to sell back leave hours, shall be allowed to sell up to a maximum of sixty (60) combined hours of leave at their normal hourly wage rate. The compensation for these hours shall be included with the employee's regular November end-of-month paycheck. The form must identify how many hours they wish to sell and the leave bank(s) from which to deduct them. The specified hours must be deducted from the designated leave balance(s) on their November 1st – 15th time sheet. If the employee does not specify the leave bank(s) from which to sell the hours, they will be deducted by Payroll from leave banks in this order: vacation, holiday, personal. Employees are also encouraged to be aware that the compensable value of leave hours may be contributed to their deferred compensation program up to the maximum limit as established by the IRS.
Sample 1
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Related to Sale of Leave Hours

  • Purpose of Leave Unpaid leave may be granted for any of the following reasons:

  • Notice of Leave In any case in which the necessity for FMLA leave is based upon an expected birth or placement for adoption, or planned medical treatment for a serious health condition of the employee, family member, or member of the employee’s household, the employee will provide the Superintendent with at least sixty (60) calendar days advance written notice of the date the leave is to begin. When the need for FMLA leave is due to unforeseen circumstances and advance notice is not practicable, the employee will provide notice of the need for such leave as soon as practicable.

  • Abuse of Leave If it is found that a leave is not actually being used for the purpose for which it was granted, the Employer may cancel the leave and direct the employee to report for work by giving written notice to the employee.

  • Commencement of Leave Parental leave must commence no later than the first anniversary date of the birth or adoption of the child or of the date on which the child comes into the actual care and custody of the employee. The employee will decide when his or her parental leave is to commence.

  • Period of Leave (a) The period of leave will be for 12 months, from 1 January to 31 December.

  • Use of Leave An employee does not need to use this leave entitlement in one block. Leave can be taken intermittently or on a reduced leave schedule when medically necessary. Employees must make reasonable efforts to schedule leave for planned medical treatment so as not to unduly disrupt the employer’s operations. Leave due to qualifying exigencies may also be taken on an intermittent basis.

  • Taking of Leave (a) Annual leave shall be given and shall be taken within a period of six months after the date when the right to annual leave accrued; provided that the giving and taking of such leave may be postponed by mutual agreement between the parties for a further period not exceeding six months.

  • Application for Leave of Absence 25.01 All leaves of absence without pay and any extension thereof must be applied for in writing to the Mayor or his designee, on forms supplied by the Employer, at least ten (10) working days prior to the proposed commencement of the leave except in serious or unusual circumstances, as determined by the Employer. Notification of the approval or denial of their requested leave shall be given to the employee in writing within five (5) working days after the submission of the request. Any denial of a requested leave shall include the reason for the denial.

  • Termination of Leave Interruption of pregnancy will terminate the leave. Human Resources may require in such cases forty-five (45) days notice to return.

  • Application for Leave Any request for a leave of absence shall be submitted in writing by the employee to the Employer or designee. The request shall state the reason the leave of absence is being requested and the length of time off the employee desires. Authorization for a leave of absence shall be furnished to the employee by the Employer or designee, and it shall be in writing.

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