Hi Patrick,
Is your employer wanting to completely delete your entitlement to your accumulated leave? Or do they want to pay you for it (cash it out) instead of allowing you the time off work?
If you are an employee that is covered by an award or agreement, cashing out of annual leave is allowed if the award or agreement allows it. However if you are not under an award or agreement you can agree to cash out annual leave.
However, in all cases:
- you as an employee must retain an entitlement to at least four weeks paid annual leave per year
- there must be a separate agreement in writing on each occasion
- the employee must be paid at least the full amount that would have been payable had the employee taken the leave the employee has cashed out.
Your employer cannot force you to make an agreement to cash out annual leave.
If you need more info or want to talk to someone about it contact the Fair Work Ombudsman.