Common use of Carry-Over and Conversion Clause in Contracts

Carry-Over and Conversion. Employees will be offered the opportunity to convert to cash any part of their sick leave accrued and not used for the proceeding 12 month usage period. Payment will be made in the first paycheck in December is issued each year at the following rates:

Carry-Over and Conversion. Employees will be offered the opportunity to convert to cash any part of their sick leave accrued and not used for the proceeding 12 month usage period. Payment will be made in the first paycheck in December is issued each year at the following rates:: Number of hours subject to Cash Conversion % of Regular Rate 64 to 71.9 70% 56 to 63.9 65% 48 to 55.9 60%

Carry-Over and Conversion. Employees will be offered the opportunity to convert to cash any part of their sick leave accrued and not used for the proceeding 12 twelve month usage period. Payment will be made in the first paycheck in December is issued each year year. The cash conversion of the sick leave accrued and not used for the usage period in the subsequent years of this Agreement shall be at the following rates:rate: 47.9 and less 55%