Cashing out of Personal Leave. 18.8.1 An Employee may have their accrued personal leave cashed out in accordance with the following provisions:
Cashing out of Personal Leave. 25.6.1 The Employer and an Employee may agree to cash out an amount of personal leave in any 12-month period of employment: Provided that any Agreement must be in writing and the Employee must always maintain a balance of ‘protected amount of paid personal leave’. For the purposes of this clause the ‘protected amount of paid personal leave’ shall be 3/52 of the number of nominal hours worked by the Employee for the Employer during:
Cashing out of Personal Leave. There is no entitlement to cash out personal leave under this agreement.
Cashing out of Personal Leave. 32.1 An Employee may elect to cash out untaken personal leave in accordance with the NES. The Employee must retain a minimum of fifteen (15) days accumulated provision for personal leave.
Cashing out of Personal Leave. 26.9.1 An Employee is entitled to forego the entitlement to, and therefore cash-out a portion of accrued personal leave provided that:
Cashing out of Personal Leave. Where agreed between the Employee and the Employer, so long as an amount of fifteen
Cashing out of Personal Leave. (a) Where a Team Member has more than 10 days of accumulated untaken personal leave, the team member is entitled to have a part of that accumulated entitlement cashed out.
Cashing out of Personal Leave. 32.11 Employees may elect in writing, subject to the Chief Executive Officer’s approval, to cash out an amount of credited personal leave. However, before approving a written election from Employees to cash out credited personal leave the Chief Executive Officer must ensure that Employees retain a balance of credited personal leave that is not less than 152 ordinary hours.
Cashing out of Personal Leave. HealthCube operates on the philosophy that leave such Personal Leave, that is Sick Leave, Carers Leave and Compassionate Leave, should generally be reserved for the individual to take during times of necessity, not cashed out as a stream of revenue. Only in exceptional circumstances, where agreed between the Employee and the Employer, so long as an amount of fifteen (15) days personal leave entitlement is maintained in reserve, an Employee may elect to cash-out an amount of their personal leave at the Base Periodic Rate of Pay. A cashing-out election form must be completed each time the Employee chooses to do so.
Cashing out of Personal Leave. 28.3.1 Employees are permitted to cash out personal leave in accordance with the provisions of the Act. As such, the Employee and the Employer can agree to cash out an amount of personal leave provided that the ‘protected amount’ of leave (as prescribed by the Act) remains available after cashing out takes place.
