PTO Allowance Sample Clauses

PTO Allowance. Length of Service From Hire Date PTO Allowance Approximate Accrual Rate Per Pay Period Maximum AllowedUnused PTO Balance Maximum Allowed Combined Unused Annual Leave and PTO Balance for Employees Who Convert to the Modified Benefit Option From hire date through 10,400 service hours 180 hours 6.92 hours 270 hours 320 hours* Over 10,400 service hours 216 hours 8.31 hours 324 hours 404 hours* *The employee’s maximum allowed PTO balance may not exceed 270 and 324 hours, as applicable.
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PTO Allowance. ‌ For employee hired on or after February 7, 2017, PTO rates will be based on years ofservice and actual hours paid as follows: Bargaining Unit Paid Time Off Service Required Earned 1st through 2nd years 5.0% of hours paid 3rd through 5th years 6.0% of hours paid 6th through 10th years 7.0% of hours paid 11th through 14th years 8.0% of hours paid15th and subsequent years 9.0% of hours paid Each employee hired prior to February 7, 2017, will continue to accrue PTO at theemployee’s rate in effect February 7, 2017, or the rate set forth in the table above, whichever is higher. Employees can accrue unused PTO to a maximum capped at 200 hours.
Sample 1

Related to PTO Allowance

  • Auto Allowance Executive shall be entitled to an auto allowance for one vehicle for Executive’s use up to $1,000 per month.

  • Car Allowance The Executive will be paid a $1,000 per month car allowance during the term of this Agreement.

  • Meal Allowance A shift worker who works a qualifying shift of eight hours or the rostered shift, whichever is the greater, and who is required to work more than one hour beyond the end of the shift (excluding any break for a meal) shall be paid a meal allowance of $7.95, or, at the option of the employer, be provided with a meal.

  • Shoe Allowance Effective May I, 2002 the employer will provide reimbursement to full time employees who have completed probation and who are employed in the kitchen department once per year, the amount of $60.00 and once every two years the amount of$60.00 for maintenance, stores person, and banquet house person. Employees will receive said amount so long as the shoes are won on the job. Payment will be made on or about July I upon presentation of proof of purchase.

  • Vacation Allowance Employees in permanent positions are entitled to vacation with pay. Accrual is based upon straight time hours of working time per calendar month of service and begins on the date of appointment to a permanent position. Increased accruals begin on the first of the month following the month in which the employee qualifies. Accrual for portions of a month shall be in minimum amounts of one (1) hour calculated on the same basis as for partial month compensation pursuant to Section 5.6 - Compensation for Portion of Month of this MOU. Vacation credits may be taken in one (1) minute increments and may not be rounded. Vacation may not be taken during the first six (6) months of employment (not necessarily synonymous with probationary status) except where sick leave has been exhausted; and none shall be allowed in excess of actual accrual at the time vacation is taken.

  • Tool Allowance The Company agrees to arrange with a Tool Supplier for the purchase of tools required in the performance of a trade for each Skilled Trades employee. The Company further agrees to pay for a tool allowance annually up to three hundred ($300.00) dollars. Employees will be allowed to carry over to the next year, any unused portion of the annual $300.00. In addition, the Company agrees to pay the cost of license renewals for Skilled Trades when required by law.

  • Annual Allowance The Corporation shall pay to the Executive, in cash, in a lump sum, on the Payment Date an amount equal to two times the annual allowance to which the Executive is entitled as of the date of the Date of Termination (or, if higher, as of immediately prior to the Effective Date).

  • Travel Allowance 15. First Aid Allowance

  • Aid Allowance An employee who has been appointed by the Employer and trained to render first aid and who is the current holder of appropriate first aid qualifications such as a certificate from the St. Xxxx's Ambulance or similar body shall be paid weekly an allowance as detailed in Appendix A. The Employer will always appoint the appropriate number of First Aid Officers as required by relevant legislation and Code of Practice.

  • Shift Allowance In addition to the wage specified in sub-clause (1), read with sub- clause (12), a normal shift worker shall, in respect of his shift hours worked in any week, be paid an additional 12,5% on such wage.

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