The yield-to-maturity (YTM) of a bond is another way of considering a bondâs price. YTM is the total return anticipated on a bond if the bond is held until the end of its lifetime. Yield to maturity is considered a long-term bond yield, but is expressed as an annual rate.
Getting paid instead of taking holidays. The only time someone can get paid in place of taking statutory leave (known as âpayment in lieuâ) is when they leave their job. Employers must pay for untaken statutory leave (even if the worker is dismissed for gross misconduct). If an employer offers more than 5.6 weeksâ annual leave, they can agree separate arrangements for the extra leave.
Employees lose their biweekly leave accruals of annual and sick leave if they have certain amounts of non-paid time like LWOP or AWOL. This applies while using LWOP under the FMLA. So if you use a full pay period (or 80 hours) of LWOP, then youâll lose your leave accruals for that pay period. Each time you use an amount of non-paid time that is equal to 80 hours (or a multiple of 80 - - 160, 240, etc.), you again lose your accruals.