As you may be aware, because of past problems with the Phoenix pay system, the automatic cash-out of excess leave provisions in the EC and TR collective agreements were temporarily suspended and scheduled to be reinstated on March 31, 2022.
We are pleased to inform you that, Greg Phillips, CAPE President, along with other bargaining agent representatives worked with the employer to find an alternative solution to minimize the potential negative impact that a one-time automatic cash-out would represent for many members.
Commencing April 1, 2022, the automatic cash-out of excess leave will be carried out over a five-year period, at the rate of 20% each year for anything more than the allowable carryover from the previous year.
As always, members who wish to cash out more leave can do so upon request to the employer.
CAPE will provide more details once the Memorandum of Understanding is signed in the coming weeks, however, we wanted to keep members informed as we know that this may affect leave plans.
CAPE encourages its members to take the leave they are entitled to in the year that it is earned as leave is an important part of managing mental health.
For any questions about leave cash out, please contact your Labour Relations Officer.
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