Maximum PTO Sample Clauses
Maximum PTO. The maximum number of PTO hours a nurse may accumulate is set forth in Section D (Accrual Rates) above. Once the maximum has been reached, no further hours will accrue until the nurse has taken PTO time off. The non-probationary nurse shall have the ability to cash-out up to eighty (80) hours of accrued PTO per pay period (not to exceed 160 hours per year, in accordance with Hospital policy).
Maximum PTO. The maximum number of PTO hours a nurse may accumulate is 13 set forth in Section D (Accrual Rates) above. Once the maximum has been reached, no 14 further hours will accrue until the nurse has taken PTO time off. TStarting in January 15 2022, the non-probationary nurse shall have the ability to cash-out up to 80 hours of 16 accrued PTO once per fiscal quarter*per pay period (not to exceed 120160 hours per 17 year, in accordance with Hospital policy) and no later than the first pay period in 18 December of each calendar year. 19 *Quarter 1 = January through March 20 Quarter 2 = April through June 21 Quarter 3 = July through September 22 Quarter 4 = October through December
Maximum PTO. 31 The maximum number of PTO hours a nurse may accumulate is set forth in 32 Section D (Accrual Rates) above. Once the maximum has been reached, no 33 further hours will accrue until the nurse has taken PTO time off. A non- 34 probationary nurse shall have the ability to cash out up to eighty (80) hours of 1 accrued PTO once per fiscal quarter* (not to exceed 120 hours per year, in 2 accordance with Hospital policy) and no later than the first pay period in 3 December of each calendar year, provided that a nurse must maintain a 4 minimum PTO balance of at least sixty hours. Fiscal Quarters *Quarter 1 = January through March Quarter 2 April through June Quarter 3 July through September Quarter 4 October through December 5 Starting in January 2025, a non-probationary nurse shall have the ability to 6 cash out accrued PTO two (2) times per year during the first pay period in 7 January and the first pay period in July, not to exceed one hundred twenty 8 (120) hours accrued PTO per year. A nurse must maintain a minimum PTO 9 balance of at least sixty (60) hours.
Maximum PTO. The maximum number of PTO hours an employee may accumulate is set forth in Section D (Accrual Rates) above. Once the maximum has been reached, no further hours will accrue until the employee has taken PTO time off. Non-probationary employees shall have the ability to cash-out up to 80 hours of accrued PTO once per year on the first pay date in December of each calendar year.