Fiscal Year-End Compensatory Leave Cash Out

Published: April 27th, 2005

Category: Memos

Larry Ellis, Director, Division of Human Resources

All special and overtime compensatory leave on balance as of May 5 will be cashed out during the pay period ending May 19, 2005. Overtime and special compensatory leave earned after May 5 will be part of the 2005-06 fiscal year balances.

In keeping with past practice, departments are strongly encouraged to require employees to use accrued compensatory leave prior to the cash out to minimize compensatory leave cash-out payments.

Employees may use overtime and special compensatory leave through the end of the fiscal year (June 30), but it must be entered by 5 p.m. on May 17. Please note that this is an earlier deadline than previously published. The compensatory leave should be entered accurately for the future date on which the employee will be absent from work using the Weekly Elapsed Screen.

Any overtime or special compensatory leave remaining on balance (balance as of May 5 minus overtime/special comp leave reported to be used between May 6 and June 30) after time administration runs the evening of May 17 will be cashed out automatically. No additional action is required by the department.

A report is available that indicates which employees have accrued compensatory leave. To access this report, you must have the security role of UF_ER_HRPR_BEN_LEAVE. Navigate to Enterprise Reporting > Human Resources Information > Benefits Information > Leave > Leave Accrual Usage and Balances by Pay Period End Date (PPE) and Department (DEPT).

Questions? Please contact Central Leave at (352) 392-5732.

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