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Can annual leave be cashed out?

April 26, 2017annual cashed leave

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Can annual leave be cashed out?

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Under the FWA it is possible to cash out a portion of an employee’s annual leave entitlement, provided that it is cashed out in accordance with either the terms of a Modern Award, an enterprise agreement or an agreement between an employer and award/agreement free employee. The amount of the entitlement to annual leave which must remain after the proposed cashing out is not less than four weeks leave.