Paid Time Off Plan Sample Clauses

Paid Time Off Plan. County Policy for the Paid Time Off Plan (PTO) applies.
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Paid Time Off Plan. 9.1 The Paid Time Off (PTO) Plan, including the Extended Illness Bank (EIB), as provided by the Hospital on the date of this agreement, shall apply to the employees covered by this contract pursuant to the following terms and conditions. Paid Time Off (PTO) is a unique benefit that combines the traditional vacation, holiday, and short term sick leave into a paid “bank” of time off. It is available to part-time and full-time employees. PDR Nurses are not eligible to participate in the PTO plan. Employees begin accruing PTO hours on their first day of regularly scheduled employment and PTO hours may be taken once they are accrued, on a pre-approved basis only. EXTENDED ILLNESS BANK (EIB) No further EIB accrual will occur effective September 18, 2016, the first full pay period following ratification of the RN contract. All existing EIB accruals for then- current nurses shall be frozen as of that date. Nurses hired on or after September 18, 2016 will not accrue or participate in EIB. From the first full pay period in March of 2016 through December 31, 2019, after a seven (7) calendar day waiting period, nurses with accrued EIB may use it for their own illness or (after only 24 scheduled work hours) for a family member. During that time, nurses who have accrued EIB and wish to “top up” their short-term disability or workers’ compensation benefit such that they receive 100% of their compensation must first use EIB. Nurses who have exhausted or do not have accrued EIB may use PTO to “top up” their approved short-term disability or workers’ compensation benefit. From the first full pay period following September 18, 2016 through December 31, 2019, after a waiting period of twenty-four (24) scheduled work hours, nurses with accrued EIB may use it for: (1) approved continuous federal or state leave of absence (includes maternal and paternal baby bonding) to care for a family member’s illness; and (2) approved intermittent leave to care for a family member after PTO has been exhausted. Each nurse’s EIB bank and any accrued EIB held therein will automatically terminate on December 31, 2019 with no further action of the parties, and any remaining EIB balance at that time will not be available for any use. EIB cannot be converted to cash and is not payable upon termination under any circumstances. Effective the first full pay period following September 18, 2016, PTO will be accrued consistent with the Hospital Policy effective December 28, 2014: Eligible nurses will ear...
Paid Time Off Plan. A Paid Time Off Plan is any plan or similar arrangement under which the Employer provides to Employees vacation, sick or other leave for which the Employer pays the Employee, and agrees to compensate the Employee for part or all of the unused leave.
Paid Time Off Plan. 11.1 Paid Time Off Plan. All employees hired after ratification of this agreement will be required to participate in the PTO Plan
Paid Time Off Plan. All employees will be required to participate in the PTO Plan, policy guidelines (Rules and Regulations Section 15)
Paid Time Off Plan. 9.1 The Employer agrees to provide a time off with pay program as offered to other Clinic employees.

Related to Paid Time Off Plan

  • 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.

  • 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.

  • Compensatory Time Off a. An employee in the bargaining unit shall have the option to elect to take compensatory time off in lieu of cash compensation for overtime work. Compensatory time off shall be granted at the appropriate rate of overtime in accordance with Section 6 of this Article (Overtime).

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