EXCHANGE OF ANNUAL LEAVE LOADING FOR EXTRA LEAVE Clause Samples

EXCHANGE OF ANNUAL LEAVE LOADING FOR EXTRA LEAVE. 32.1 Staff members may volunteer, in January each year, to receive three and one-half (3.5) days’ leave in addition to annual leave. In return they will forfeit their entitlement to payment of annual leave loading in the year in which the additional leave is credited. These three and a half extra days’ leave will be taken in accordance with normal University leave processes, but are non-cumulative and must be taken prior to 31 December in any given year. 32.2 Exit from the scheme is open only in January each year.
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EXCHANGE OF ANNUAL LEAVE LOADING FOR EXTRA LEAVE. 49.1.1 Eligible Employees may elect, in January each year, to receive three and one-half (3.5) days' leave in addition to annual leave. In return they will forfeit their entitlement to payment of annual leave loading in the year in which the additional leave is credited. 49.1.2 The 3.5 extra days' leave are non-cumulative. The leave will be taken in accordance with normal University leave processes. Eligible staff electing this option must also submit a leave booking for the
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EXCHANGE OF ANNUAL LEAVE LOADING FOR EXTRA LEAVE. 49.1.1 Eligible Employees may elect, in January each year, to receive three and one-half (3.5) days' leave in addition to annual leave. In return they will forfeit their entitlement to payment of annual leave loading in the year in which the additional leave is credited. 49.1.2 The 3.5 extra days' leave are non-cumulative. The leave will be taken in accordance with normal University leave processes. Eligible staff electing this option must also submit a leave booking for the 3.5 days leave at the time in January when the option is exercised. The 3.5 days’ extra leave must be taken prior to 31 December. 49.1.3 Eligible Employees are those full or part-time, continuing or fixed-term employees with less than 30 days accrued annual leave at the date on which they elect to exercise this option and who were employed by the University at 1 January in the year which the option is sought to be exercised. 49.1.4 Exit from this option is open only in January each year. 49.1.5 Appropriate reconciliations may be made to the amount of annual leave paid upon termination if the employee ceased employment before 31 December in the year in which the employee had elected this option and had taken the 3.5 days’ extra leave prior to cessation of employment.
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EXCHANGE OF ANNUAL LEAVE LOADING FOR EXTRA LEAVE. 5.6.1. Staff members may volunteer, in January each year, to receive three and one-half (3.5) days’ leave in addition to annual leave. In return they will forfeit their entitlement to payment of annual leave loading in the calendar year in which the additional leave is credited. These three and a half extra days’ leave will be taken in accordance with normal MSA leave processes, but are non-cumulative and must be taken prior to 31 December in any given calendar year. 5.6.2. Staff with any excessive annual leave as defined in Clause 5.7 or long service leave credits as defined in Clause 5.12.6 are not eligible to participate in clause 5.6. 5.6.3. Exit from the scheme is open only in January each year.
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Related to EXCHANGE OF ANNUAL LEAVE LOADING FOR EXTRA LEAVE

  • Annual Leave Loading During a period of annual leave an employee will receive a loading of 17.5 per cent calculated on the employee’s normal hourly rate of pay and the daily fares allowance if applicable. The loading will also apply to proportionate leave on lawful termination.

  • Taking of Annual Leave (a) An employee is entitled to take an amount of annual leave during a particular period if: (i) at least that amount of annual leave is credited to the employee; and (ii) the employer has authorised the employee to take the annual leave during that period. (b) In the taking of leave, the employee shall make written application to the employer, giving timely notice of the desired period of such leave. (c) Annual leave shall be taken in an amount and at a time which is approved by the employer subject to the operational requirements of the workplace. The employer shall not unreasonably withhold or revoke such approval.

  • Payment for annual leave (a) Before going on annual leave, an employee will be paid the amount of wages they would have received for ordinary time worked had they not been on leave during that period. (b) At the election of the employee such payments may be paid in accordance with the usual pay day relevant to the period of leave being taken.

  • Accrual of Annual Leave (a) An employee shall accrue an amount of paid annual leave, for each completed 4 week period of continuous service with the employer, of 1/13 of the number of ordinary hours worked by the employee for the employer during that 4 week period. (b) Annual leave shall accrue on a pro-rata basis and be credited to the employee monthly.

  • Taking Annual Leave 29.3.1 The Employer and Employee shall seek to reach agreement on a mutually convenient time (having regard to overall operational and staffing requirements of the Company) for annual leave to be taken by the Employee. Where such agreement, cannot be reached, the Employer may fix a time for an Employee’s annual leave to be taken within a period of six (6) months or less from the date when the right to take annual leave has accrued, after giving at least fourteen (14) days’ notice to the Employee. 29.3.2 An Employee is required to provide at least one (1) months’ notice of a request to take annual leave however, final approval shall lie with the Company. 29.3.3 At the Company’s discretion, it may allow an Employee to take annual leave before the right to take it has accrued, but where such leave is taken, a further period of leave shall not commence to accrue until after the expiration of the twelve (12) months service that was required to accrue the right to take the annual leave. Where annual leave or part thereof has been granted before the right to take it has accrued and the Employee subsequently leaves before completing the required twelve (12) months service, and the amount paid by the Employer to the Employee for the annual leave taken exceeds the amount the Employer is required to pay to the Employee on termination, the Employer shall not be liable to make any payment to the Employee for annual leave and shall be entitled to deduct the amount of excess from any remuneration payable to the Employee upon termination of employment. 29.3.4 Where an Employee has more than eight (8) weeks annual leave entitlement accrued to them, the Company may direct the Employee to take annual leave by providing a minimum four (4) weeks’ notice in writing to the employee. Such direction shall only apply to a maximum of one quarter of the leave credits owing to the employee. 29.3.5 The Company may direct Employees to take any accrued annual leave during the Company’s annual close down (i.e., Christmas/New Year period). Employees that do not apply for leave during this period may be required to take annual leave. Where Employees have not yet accrued such annual leave, the leave taken shall be treated as Leave without Pay. The business will provide a minimum of 2 months notice about this closure each year. 29.3.6 If a public holiday (as prescribed in this Agreement) falls within an Employee's annual leave and, is on a day which would have been an nominal working day, then extra time equivalent to the public holiday shall be added to the Employee's annual leave. 29.3.7 An Employee shall not offer their Service to any other Employer during the period the Employee is on paid annual leave and, the Employer shall not engage an Employee who is on paid annual leave.