Sick & Carer's Leave (Cashed Out) is applicable when the Payee is being paid without taking an absence from work.
For example, under the Stevedoring Industry Award 2020 [MA000053]. Where a Payee has accumulated as at 1 July of any year more than 28 days of unused sick leave, the Payee may elect to receive an amount equivalent to all or part of the accumulated sick leave in excess of 28 days at the ordinary rate of pay instead of actual leave.
Sick & Carer's Leave (Cashed Out) uses the Rate Per Hour set in the Payee Master File (100.00%) and Leave Entitlements are not applicable. Payments with this pay type are considered to be Salary & Wages, Taxable and Ordinary Time Earnings (OTE).