Cash­ing in on your hol­i­day

Auckland City Harbour News - - YOUR PAPER, YOUR PLACE - ROB STOCK

There’s an un­recog­nised cash re­source many of us don’t know we have.

And it can be used to get ahead on the mort­gage, pay off con­sumer debts, or just buy the things we need to live a com­fort­able, mod­ern life.

It’s your fourth week of an­nual leave, or for the for­tu­nate, that fourth and fifth week.

Em­ploy­ment law says your boss must at least con­sider re­quests from em­ploy­ees to ‘‘cash up’’ their fourth week of an­nual leave.

If you are a good, pro­duc­tive em­ployee, whose days at work are worth your salary, your em­ployer should jump at the chance to get those five ex­tra days of labour from you.

In re­turn you get an ex­tra cash in­jec­tion into your life.

There are a lot of peo­ple do­ing it in­clud­ing many of our pub­lic ser­vants.

Re­ports to Par­lia­ment show that in the past fi­nan­cial year, for ex­am­ple, 133 peo­ple from the

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