PTO Accrual and Pay. Paid time off is granted to full-time and certain part-time employees (“Part Time Eligible Employees”). Per diem employees are not eligible. The Company expects that all employees who seek to use PTO will adhere to company policy and procedures. Failure to do so may result in disciplinary action up to and including termination. Eligible employees will earn PTO over the course of the year as following: PTO Accrual Schedule Length of Annual Annual Factor Maximum Maximum Service Accrued Accrued Per Accrual Per Accrual Days Hours Hour Pay Period Balance 0 to 1 year 17 136 0.0654 5.67 136 1 to 2 years 18 144 0.0692 6.00 242 2 to 4 years 22 176 0.0846 7.33 304 4-10 years 28 224 0.1076 9.33 380 10+ years 29 232 0.1115 9.67 380 Sick Accrual Schedule Length of Annual Annual Factor Maximum Maximum Service Accrued Accrued Per Accrual Per Accrual Days Hours Hour Pay Period Balance 0 to 1 year 5 40 0.0192 1.67 40 1 to 2 years 5 40 0.0192 1.67 40 2 to 4 years 5 40 0.0192 1.67 40 4-10 years 5 40 0.0192 1.67 40 10+ years 5 40 0.0192 1.67 40 Total PTO and Sick Accrual Length of Annual Annual Factor Maximum Maximum Service Accrued Accrued Per Accrual Per Accrual Days Hours Hour Pay Period Balance 0 to 1 year 22 176 0.0846 7.33 176 1 to 2 years 23 184 0.0885 7.67 282 2 to 4 years 27 216 0.1038 9.00 344 4-10 years 33 264 0.1269 11.00 420 10+ years 34 272 0.1307 11.33 420 License/Conference Accrual Schedule Nursing Counselor II/III 8 hours per year 8 hours per year PTO for attendance of licensing seminars or conferences is subject to (1) the employee submitting a timely request for PTO pursuant to Article 7.03 and (2) the employee providing documentation substantiating his or her attendance at seminars or conferences during normal working hours on regular working days.
PTO Accrual and Pay. Eligible employees accrue PTO hours each pay period based on hours paid and the number of months of employment, until the maximum balance has been met. The schedule below references the maximum PTO balances. Once an employee has reached the maximum PTO balance, the employee will not accrue additional PTO until he/she takes sufficient time off to reduce his/her accrued balance below the maximum. The employee will then resume accruing PTO hours each pay period from that date forward until the maximum is again reached. Eligible employees may use their PTO balance at any time, provided approval from his/her department head is received. Should an employee’s PTO balance fall below zero for any reason, the negative balance upon separation may be deducted from the employee’s final earnings. PTO accrual is calculated from the date of hire provided, however, that an employee cannot use their PTO until after three (3) months from the date of hire. Employees on a leave of absence do not accrue PTO. Employees who are taking PTO days or hours shall accrue PTO during this time. Per diem employees are not eligible for paid time off. PTO Accrual Schedule: Length of Service Annual Accrued Days Annual Accrued Hours Factor Per Hour Maximum Accrual Per Pay Period Maximum Accrual Balance 0 to 1 year 22 176 0.0846 7.333 176 1 to 2 years 23 184 0.0885 7.667 272 2 to 4 years 26 208 0.1000 8.667 344 4+years 31 248 0.1192 10.333 420 PTO hours are paid at the employee’s current regular compensation rate for the amount of PTO requested.
