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  1. #1
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    Default Annual leave

    Just a quick question for anybody who may know - I have about 2 months of annual leave up my sleeve. I don't really need to take any any time soon but want to have a baby in the next couple of years and would be leaving my job.

    If that 2 months (and by then, probably more) worth of annual leave is still owing to me will I be paid, or is it a use-it-or-lose-it scenario?

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    If you don't use it then they will pay you

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    Benji  (15-05-2012)

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    Quote Originally Posted by Bell & Bug View Post
    If you don't use it then they will pay you
    Thanks! I hope so. I might take a few weeks off so they're not left with a huge payout figure for me, but I can't see what I'd do with myself for 7 weeks lol.

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    They won't pay you sick leave though. So make sure you use all that for your appointments with specialists and stuff.

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    http://www.fairwork.gov.au/leave/ann...s/default.aspx

    On termination of employment an employer must pay an employee for any untaken annual leave which has accrued.
    Last edited by Guest1234; 15-05-2012 at 15:57.

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    Benji  (15-05-2012)

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    Quote Originally Posted by lightsaber View Post
    They won't pay you sick leave though. So make sure you use all that for your appointments with specialists and stuff.
    Yeah, they actually told me that one so we use the *cough cough* quite a bit.

    Wasn't sure if the annual leave works on the same basis but I wouldn't imagine I'd be too popular if I apply for 7 weeks worth

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    I'm surprised that your employer has allowed you to accrue so much leave. DH gets forced to take leave when he reaches 3 weeks accrued, because his employer doesn't want to have such a debt liability. My work pre-kids was the same.



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    If you get it paid out rather than taking it you won't get the leave loading either.

    You will also get taxed on the entire amount. My partner had months in leave and long service leave. When he left his last employer he ended up losing over a 1/3 in tax.

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    Benji  (15-05-2012)

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    I think most of us here are in the same boat, payroll officer included. She just told me about it today. I had no idea I had that much owing to me!

    We get RDOs once a month, and often attached to a public holiday. I felt like I barely worked in April so I really just don't think about annual leave until xmas.

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    I had over 300 hours of annual leave accrued when I left my work. They paid loading on it as well. Plus long service leave it came to over $12,000. The tax was quite hefty but I got most of it back come tax time.

    If they don't want a big liability they should not let you accrue so much
    Last edited by felicia81; 15-05-2012 at 16:15.

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