PTO Accrual Schedule Sample Clauses

PTO Accrual Schedule. A. Eligible employees accrue PTO in fixed amounts on the first day of the pay period according to the schedule in the Accrual Table below, depending on their length of service.
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PTO Accrual Schedule. A. Eligible employees accrue PTO in fixed amounts on the first day of the pay period ac- cording to the schedule in the Accrual Table be- low, depending on their length of service. Length of Service Annual PTO Days Accrual Limit (hr) Pay Period Accrual Less than 3 months 0 0 0.00 3 months to 1 year 12 96 3.70 1 year 15 120 4.62 2 to 5 years 17 136 5.23 B. Accrual Table
PTO Accrual Schedule. Full-time salaried and hourly employees shall accrue PTO time based on length of service to the company, as follows: Mission Systems PTO Schedule Years Total annual PTO hrs PTOaccrual rate (hrs perweek) Maximum PTO bank hours (accrual cap) < 1 120 2.31 NA 1-4 136 2.62 272 5-9 152 2.93 304 10-14 168 3.24 336 15-19 184 3.54 368 20-24 200 3.85 400 25+ 216 4.16 432
PTO Accrual Schedule. Employees in a budgeted position of Twenty Four (24) or more hours will accrue PTO based on budgeted hours. Employees with budgeted hours less than twenty-four (24) hours per week are not eligible for Paid Time Off. The total annual accrual of PTO hours for employees in forty (40) budgeted hour positions is as follows, the accrual for employees for less than forty (40) but twenty-four (24) or more budgeted hours will be prorated based on budgeted hours: Combined Annual PTO Accrual Years of Service Annual Hours Less than 5 200 5 – 10.99 240 11 – 20.99 264 21+ 288 The new PTO accruals will start with the first pay period of 2021, which begins on December 20, 2020. These accruals will be reflected in the first paycheck of 2021.

Related to PTO Accrual Schedule

  • Vacation Accrual Rates Laid off employees who are re-employed shall have the vacation accrual rate they held immediately prior to layoff restored.

  • Salary Schedules (a) The salary schedules shall be incorporated into this Agreement as Appendix V.

  • Salary Schedule The scale of remuneration set out in Schedule "A" shall apply during the term of this Agreement. Any changes in salary rates or the classifications as outlined in Schedule "A" shall not be put into effect until the Union Business Representative has been consulted.

  • Maximum Accrual Vacation credit may be accumulated to a maximum that can be earned in three (3) years. Further accumulation will not continue when the maximum is reached. Annual Rate of Vacation Accumulation Maximum 80 hours 240 hours 120 hours 360 hours 160 hours 480 hours 180 hours 540 hours 200 hours 600 hours 240 hours 720 hours

  • Accrual Rate Compensatory time for employees will accrue at the rate of one and one-half hours for each one hour of overtime worked.

  • Schedule The Work shall be performed as expeditiously as possible in conformity with the schedule requirements contained herein and in the Statement of Work. The draft and final versions of all deliverables shall be submitted by the dates specified in the Exhibit A Schedule and Project Period noted in Item No. 7 of this Agreement. It is understood and agreed that the delivery of the draft and final versions of such deliverables by the Contractor shall occur in a timely manner and in accordance with the requirements of the Exhibit A Schedule.

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