PAID TIME OFF AND LEAVES Sample Clauses

PAID TIME OFF AND LEAVES. 1. In place of time-off plans to cover vacation, holidays, illnesses and funeral leave, employees will participate in a Paid Time Off (PTO) plan. Under the plan, on each January 1 benefits-eligible employees shall be allotted an amount of paid time off, based on length of service and standard weekly hours, to be used in that calendar year. These Paid Time Off days may be used at the employee’s discretion (with appropriate management approval) to cover vacations, holidays, sick days, funeral leave, safe time (as defined by law or regulation included but not limited to the Minneapolis and St Xxxx Sick and Safe Time Ordinances) and any other paid time-off occasions. Full-time employees shall be allotted PTO days as follows: Length of service (as of Dec. 31) Hours of PTO granted on Jan. 1 Less than three years 200 hours (25 days) More than three but less than six years 240 hours (30 days) More than six years 280 hours (35 days) Part-time employees with at least 20 standard work hours per week but less than 40 shall have their PTO allotment pro-rated based on their weekly standard work hours. Temporary employees and those regular part time employees who are regularly scheduled to work less than 20 hours per week will receive sick and safe time as mandated by the Minneapolis and St. Xxxx Sick and Safe Time Ordinances and/or other applicable law or ordinance and are not eligible to receive PTO. Employees’ annual PTO allotment is based on years of continuous service as a regular employee completed by the end of the previous year. When an employee has worked enough years, he or she will automatically receive the next highest PTO allotment on the following January 1.
Sample 1
AutoNDA by SimpleDocs
PAID TIME OFF AND LEAVES. 1. Employees will participate in a Paid Time Off (PTO) plan. Under the plan, on each January 1 benefits-eligible employees shall be allotted an amount of paid time off, based on length of service and standard weekly hours, to be used in that calendar year. These Paid Time Off days may be used at the employee’s discretion (with appropriate management approval) to cover vacations, holidays, sick days, funeral leave, safe time (as defined by law or regulation included but not limited to the Minneapolis and St. Paul Sick and Safe Time Ordinances) and any other paid time-off occasions. Full-time employees shall be allotted PTO days as follows:
Sample 1
PAID TIME OFF AND LEAVES 
Sample 1

Related to PAID TIME OFF AND LEAVES

  • Paid Time Off (PTO) Executive shall earn and accrue paid-time-off covering vacation and sick time benefits at the rate of twenty (20) days per year for employment periods of up to five years of service. The PTO accrual rate shall automatically increase by five (5) additional days for each additional 5 years of service up to maximum of thirty (30) days per year after 10 years of service. For example, after five years of service, the annual PTO accrual rate shall increase to twenty-five (25) days. Unused PTO shall carry over to the next year, but Executive shall cease accruing further PTO at any time Executive has accrued two times his annual accrual rate. Unused PTO days which are not in excess of two-times the annual accrual rate shall be paid in a cash lump sum payment promptly after Executive’s termination of employment.

  • Paid Time Off The Executive shall be entitled to take paid time off in accordance with the Company’s applicable paid time off policy for executives, as may be in effect from time to time.

  • Unpaid Time Off All accruals must be exhausted prior to taking unpaid time off (unless eligible for EIT access).

  • Paid Leave (a) An employee who is a volunteer member of the Defence Force Reserves or the Cadet Force is entitled to paid leave of absence for Defence service, subject to the conditions set out hereunder.

  • Paid Leaves The District shall grant paid leaves of absence to Full-Time Faculty Members for

  • Paid Sick Leave Employees shall earn and be granted paid sick leave according to the following provisions:

  • Recall from Vacation Leave Where, during any period of vacation leave, an employee is recalled to duty, such employee shall be reimbursed for reasonable expenses, as normally defined by the Employer, that such employee incurs:

  • Time Off The company recognises that sufficient time off to attend to personal matters and for recreation are important to the employee’s wellbeing, job satisfaction and overall productivity. Accordingly, time off may be taken with the consent of the Company, which shall not be unreasonably withheld. In considering the approval to have time off, the Parties will have regard to the current works programme and the urgency of the reason for time off. In the event that time off is to be taken, it will be the employee’s obligation to advise the Company in advance or as soon as practicable on the day of absence, recognising that unplanned absences can cause costly disruption to programmed works and are a major source of annoyance for the company, other employees and clients. The object of offering flexible working hours is that in return employees will take very seriously their obligation to turn up when they are expected. In view of the disruption caused by unplanned and or notified absenteeism, repeated failure to observe the protocol for time off would constitute misconduct.

  • Paid Leave of Absence Upon request an employee shall be granted a leave of absence with pay for:

  • Vacation Leave A part-time employee shall earn vacation leave credits for each month in which the employee receives pay for at least twice the number of hours in the employee’s normal workweek, at the rate for years of service established in clause 34.02 of this Agreement, prorated and calculated as follows:

Time is Money Join Law Insider Premium to draft better contracts faster.