Physician Assistants Exempt Status and Leave Bank Sample Clauses

Physician Assistants Exempt Status and Leave Bank. In exchange for the elimination of receiving compensation for hours worked in excess forty (40) per week, as is currently agreed upon in the Memorandum of Understanding, Physician’s Assistants (PA) shall be recognized as having exempt status under the Fair Labor Standards Act (FLSA). The increase received by the Nurse Practitioners, effective November 25, 2012, in exchange for no longer receiving overtime, will be granted to the Physician’s Assistant as part of their salary alignment. Physician’s Assistants whose FTE status is seventy-five percent (75%) or greater shall receive the equivalent of three (3) hours per pay period of time placed into a bank for their use as paid time off throughout the year (78 hours per year). This bank will be established the first full pay period of each fiscal year and must be used prior to the final pay period in the fiscal year. Balances remaining at the end of the fiscal year will be forfeited with no cash value. Processes for advance approval for time off will not change and the Physician’s Assistant will be expected to follow established policies when requesting to use this time.
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