Payment in Lieu of Annual Leave Sample Clauses

Payment in Lieu of Annual Leave. F7.32 An employee may request payment in lieu of their annual leave credit subject to the following:
AutoNDA by SimpleDocs
Payment in Lieu of Annual Leave. (a) In each 12 months of your employment, you may elect to forgo up to 2 weeks of your entitlement to annual leave in exchange for a payment in lieu of the annual leave equal to the amount you would have received had you taken the annual leave.
Payment in Lieu of Annual Leave. F7.30 An employee may cash out up to two weeks of the employee’s annual leave credit where that credit has exceeded two years accumulated leave, subject to the following:
Payment in Lieu of Annual Leave. An Employee will not accept or be given payment in lieu of Annual Leave except as specified in Subclause 6.1.10. (Proportionate Leave on Termination).
Payment in Lieu of Annual Leave. The annual leave provided for shall be allowed and shall be taken and except as specially provided, payment shall not be made or accepted in lieu of annual leave.
Payment in Lieu of Annual Leave. FOR CASUAL EMPLOYEES Casual employees, at the discretion of the employer, shall EITHER: • be paid 8% gross taxable earnings in lieu of annual leave, to be added to each fortnightly or weekly wage payment (no annual taxable earnings calculation is therefore necessary); OR • Annual leave will accrue pro rata according to hours worked in accordance with clause 10.
Payment in Lieu of Annual Leave. An employee may request payment in lieu of their annual leave credit subject to the following: the employee providing the Chief Executive with a written election to do so; and the Chief Executive authorising the election; and the employee taking at least one week of annual leave in conjunction with this entitlement or the employee has taken at least one week of annual leave in the past six months: and the cashing out will not result in a reduction in the balance of an employee’s remaining annual leave credit below one year’s accrued entitlement. Payment in lieu of annual leave will be based on the employee’s ordinary hourly rate of pay, including allowances that count for all purposes at the date of application. The cash out payment will be based on the pay that the employee would have received for a notional period of leave equal to the credit being cashed out on the day the application is made. Annual Leave Loading Purpose Annual leave loading is available to employees to provide monetary assistance while they are on annual leave.
AutoNDA by SimpleDocs
Payment in Lieu of Annual Leave. 17.2.3.1 This sub-clause applies to an employee who is an employee of a ‘council’ within the meaning of the Local Government Act 1993 (NSW).
Payment in Lieu of Annual Leave. 1. Effective for all calendar years beginning on and after January 1, 2019, employees may convert up to 125 hours of annual leave, adjusted to 175 hours for 56-hour workers, to cash as pay-in-lieu each calendar year, subject to the following rules:
Payment in Lieu of Annual Leave. 121.1 An employee may cash out their annual leave credit subject to the following:
Time is Money Join Law Insider Premium to draft better contracts faster.