Can annual leave be cashed out?
Employment Law
The Fair Work Commission has now decided that all modern awards should allow for the cashing out of annual leave, on grounds similar to those already provided for in section 93 of the Act. This will permit employees who are covered by a modern award to cash out accrued annual leave in excess of four weeks. Again, the terms provided for in section 93 of the Act must be adhered to. Furthermore, employees covered by a modern award will be limited to the amount of annual leave that they can cash out, being a maximum of two weeks in any 12 month period.