Cashing in on your holiday
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