Q: I have a question around cashing up annual leave.
As an example, I have an employee who currently has 2 days of entitled annual leave and 18 days of accrued leave, so total annual leave balance of 20 days. So currently he would be able to cash up 2 days of leave. (Based on it being requested in writing and approved etc. He has not done any prior cash ups)
His anniversary date is the 23rd of July, so at this date, he would have accrued another 2 days, so 20 days would add to his entitled leave balance, and he’d have a total of 22 days. (Provided he doesn’t take any leave in this time).
After he reaches his anniversary date has he now lost that opportunity to cash up the original 2 days, and now can only cash up 5 days? Can you only cash up leave on the entitlement year that you are currently in?
A: Is the 2 days of entitled leave from the current entitlement year? As long as it is all OK there.
The 18 days should not be considered part of the leave balance as they are not entitled leave and really is juts 8% of gross (they don’t represent time at this point only money).
You are correct only a max of a week (whatever the week is for the employee) in the current entitlement year. So if they don’t request and get approve for the 2 they wont have access to it after their next ANN date.