TEAMS December Leave Cashout
Kyle Cavanaugh, Vice President for Human Resource Services
TEAMS employees are eligible to cash out up to 16 hours of vacation leave—regardless of FTE—during the pay period of November 17 to November 30. In order to be eligible employees must have 40 hours of vacation leave on balance after the end of that pay period. Eligible employees who participate will receive the cash-out payment in their December 8 paychecks.
To participate, employees report the number of hours they wish to cash out by entering them in the Weekly Elapsed screen in the myUFL systems. Additional information about how to report the number of hours to be cashed out was included in this month’s all-employee InfoGator and will be addressed at the November HR Forum. An instructional guide is also available to assist at http://www.bridges.ufl.edu/training/docs/ReportingDecemberCashout06.pdf.
It is important to remember that no more than 16 hours of vacation leave are eligible to be cashed out, and that 40 hours of vacation leave remain on balance after the end of the November 17 to 30 pay period.