Sentences with phrase «accrued paid leave»

In providing additional unpaid leave to a qualified employee, employers should allow the individual to exhaust accrued paid leave first, and then use unpaid leave.

Under new rules just introduced by the Obama administration, companies contracting with the federal government are now obliged to allow both full and part - time workers to accrue paid leave which they can use for anything from preventative doctor's visits, to staying in bed and sipping chicken soup, to caring for an ill family member.

Not exact matches

Since she has left the academic world and is not now contributing to a 403 (b), he says, she could probably make the move without having to pay «surrender charges» — penalties for terminating a policy or withdrawing funds from the accrued value before a set time.

It also eliminates the liability and unexpected expense of paying out accrued and unused vacation days when employees leave (if you're among the companies that follow this practice).

• Subsidized federal loans accrue interest while you're in school and during your six - month grace period after leaving school, but the government pays the interest so it won't affect the total amount you owe at repayment.

The rule, which was issued on Thursday and which the Labor Department estimates will directly affect more than 1.1 million people once fully in effect, enables workers to accrue up to seven days of paid sick leave a year.

In both provinces, any vacation days owed from before your leave, or accrued during it, must be paid out.

Treasury Board is demanding that paid sick leave be drastically cut and accrued credits be liquidated, and adding a new unpaid waiting period before a short - term disability plan comes into effect, to be managed by a private insurance company at considerable cost.

If they leave the company before they have used up all the time they accrued, employees are typically paid out their unused time.

Employees will accrue paid sick leave at the rate of one hour per 30 worked.

This leave is either paid or unpaid depending if you have any available / accrued sick and vacation pay.

The next step is to look at your accrued paid sick leave, vacation time and personal days.

But having said that, paying union officials their state salaries on leave and having them continue to accrue full Pension System time is an issue.

Rather than accruing leave days for each pay period, postdocs receive each year's leave as a lump sum on 1 January and may use it, subject to their PI's approval, during the next 12 months.

Most of the money was to be paid for unused sick leave and vacation days, which the board allowed Mr. Haro to accrue as a way to offset the effects of a now - defunct state rule that had capped superintendents» salaries...

Effective July 1, 2001, terminal pay for accrued vacation leave may not exceed a maximum of 60 days of actual payment.

For purposes of computing the amount of terminal pay for accumulated sick leave, sick leave accrued after June 30, 2004, shall be compensated at no more than the daily rate of pay applicable at the time the sick leave was earned.

In the long term, choosing to return your student loan refund is extremely beneficial as it reduces the amount of your loan that accrues interest, leaving you with a smaller debt to pay back later on.

Supplemental wages includes bonus income, as well as commissions, payment for accrued sick leave, back pay and severance pay.

You may have the option to use the cash value to fund the policy, leaving you with no premiums to pay and a small cash value accruing dividends over the next few decades.

Because borrowers are not required to make any payments, the interest accrues on the balance and the entire loan is paid back when the last borrower permanently leaves the home, the younger a borrower is, the less they will receive under the program based on the HUD calculator.

I'm going to keep paying all my unsubsidized loans because they are still accruing interest (even though I'm not required to), but I'm leaving the subsidized ones alone.

Assume the interest you pay during the period covers only 61 of the 91 days in the quarter, leaving 30 days of accrued interest.

• Subsidized federal loans accrue interest while you're in school and during your six - month grace period after leaving school, but the government pays the interest so it won't affect the total amount you owe at repayment.

I try to set up auto pays to pay the full amount on my card and it will only pay my BluePrint amount, leaving a balance and not letting me accrue rewards and while accumulating finance charges on remaining purchase not on the plan.

Each month, part of the EMI goes towards paying off the interest that accrues on your loan and whatever is left pays down the balance of the loan.

If this interest is not paid as it accrues or before your loans enter repayment (usually six months after you leave school), it will be added to your principal balance.

If you can not pay off the accrued interest once your loan leaves deferment, then it will be capitalized and added to the loan's principal.

Repayment options: In - school interest - only (pay the interest that accrues while you're in school), deferred (start making full payments six months after leaving school) and flat fee (pay $ 25 per month while in school).

If you can not pay off the accrued interest once your loan leaves forbearance, then it will be capitalized and added to the loan's principal.

I religiously paid income - tax on all accrued interest on FDs and RDs in the past years as I have developed my own method of calculating yearly interest on such instruments and which exactly tallies with the Bank's values.Only interest part of FLEXI account leaves some scope for difference to occur between my self - calculation and the Bank's.

Unless you have a direct subsidized undergraduate loan, you will be responsible for paying the interest your loan accrues while you are enrolled in school at least half - time, in your grace period (the time between leaving school and entering repayment) or in deferment.

As soon as you left undergraduate school, you should have quickly found that the entire system of accruing «good debt» (i.e. student loans) in order to pay for a college degree that would allow you to find your dream job was a giant hoax.

This will pay off the loans that are accruing the most interest monthly first, and leave my room to drop down my payments for a few months if need be.

This means that you will have to pay tax on the accrued capital gain you have on your taxable assets before you leave the country.

So he calculated the number of months left until the trip, looked at his monthly spending, and found that he'll accrue enough rewards to go ahead with the trip using points even if he cashes in his rewards now to pay off the debt from his new baby.

Even the left - leaning Brookings Institution has trashed the agency's analysis — pointing out that the low - balled costs will be paid by American taxpayers, consumers, businesses and workers, whereas the highly conjectural benefits will be accrued globally.

Also, Employment Agreements which specify that paid leave entitlements accrue at a particular rate throughout the year also need to be reviewed, as the PEL entitlements are for each calendar year and all accrue immediately.

Statutory holiday entitlement accrued during sick leave can be taken as paid annual leave, according to an opinion by the advocate general.

The opinion on the case HMRC v Stringer and others also states that workers should be paid in lieu of the annual leave they have accrued during their sick leave, when their employment is terminated.

The reference boiled down to whether he should be allowed to carry forward his unused leave from 2004 and be paid in full for his accrued holiday entitlement when his employment ended.

Immediate financial support to the family In the unfortunate case of the death of the life insured, 100 % of the sum assured along with the accrued bonuses, if any, is paid to the nomineeA person or firm into whose name the policy is transferred in order to facilitate transactions, while leaving the customer as the actual owner..

You may have the option to use the cash value to fund the policy, leaving you with no premiums to pay and a small cash value accruing dividends over the next few decades.

Credit card interest behaves the same way it does for a mortgage, a car loan, or a student loan: it accrues and compounds on top of itself each billing cycle, and the longer you leave it unpaid, the more interest builds, and the harder it becomes to pay it all off.

Of course, with a mortgage the loan is generally being paid off while the house appreciates, so the equity usually increases... while with a life insurance policy, the loan can accrue interest, leaving little equity in the policy (even though the gain still looms large).

But, if you're a potential employee who is leaving your current organization with five weeks of vacation accrued, it pays to negotiate rather than to accept two weeks of paid vacation as a part of a standard employment offer.

Benefit package with company paid insurance, (Kaiser), after 60 days, and accrued paid vacation / personal leave after six months of full time employment.

Generally you accrue a certain amount per pay period, which means that after working half a year, you'd have accrued half of your annual leave (five days).