Sick Time Conversion Sample Clauses
The Sick Time Conversion clause outlines the process by which unused sick leave can be converted into another form of benefit, such as additional vacation days, cash compensation, or retirement credits. Typically, this clause specifies eligibility criteria, the rate of conversion, and any limits on the amount of sick time that can be converted within a given period. Its core practical function is to provide employees with flexibility and an incentive to conserve sick leave, while also helping employers manage absenteeism and reward consistent attendance.
Sick Time Conversion. At the time a member is permanently placed in a new position, either through bidding, cross training or returning to a previous position, the accumulated sick leave hours shall be converted to equalize the rate of accrual:
(1) Employees moving from a 12 hour per month accrual (56 hour employee) to an 8 hour accrual (42 employee) will have their accumulated sick hours divided by 11.16 (the rate of monthly accumulation), to arrive at the number of months of accumulation. This figure is then multiplied by the 8 hours per month accumulation rate of the 42 hour employees, to arrive at the total hours available.
(2) Employees moving from an 8 hour per month accrual (42 hour employee) to a 12 hour accrual (56 hour employee) shall have their accumulated sick leave hours converted in the opposite manner; accumulated sick hours divided by 8 hours per month to determine number of months accrued. The number of months accrued is then multiplied by 11.16 (the rate of monthly accumulation) to arrive at the total hours available.
(3) At the time of retirement, employees working the 56 hour schedule will have accrued hours converted back to the 42 hour equivalent prior to pay off.
(4) The 11.16 conversion base represents the closest mathematical equation possible (2088 is to 8: 2912 is to x) = 2912 x 8 = 23,296; 23,296 ÷ 2088 = 11.16.
(5) It is understood and agreed that the application of the above formula shall not result in significant loss or gain in any sick leave benefit.
Sick Time Conversion. At the time a member is permanently placed in a new position, either through bidding, cross training or returning to a previous position, the accumulated sick leave hours shall be converted to equalize the rate of accrual:
(1) Employees moving from a 12 hour per month accrual (56-hour employee) to an 8 hour accrual (42 employee) will have their accumulated sick hours divided by 11.16 (the rate of monthly accumulation), to arrive at the number of months of accumulation. This figure is then multiplied by the 8 hours per month accumulation rate of the 42-hour employees, to arrive at the total hours available.
(2) Employees moving from an 8 hour per month accrual (42 hour employee) to a 12 hour accrual (56 hour employee) shall have their accumulated sick leave hours converted in the opposite manner; accumulated sick hours divided by 8 hours per month to determine number of months accrued. The number of months accrued is then multiplied by 11.16 (the rate of monthly accumulation) to arrive at the total hours available.
Sick Time Conversion. In the event an employee should accrue more than sixty (60) days of sick leave at the end of any calendar year, he/she shall be granted one-half (½) of this excess sick leave accumulation to his/her vacation time available in the following year. For purposes of this computation one-half day of vacation time will be added for each full day of excess sick leave accumulation, i.e. 10 days = 5 days’ vacation; 13 days = 6.5 days’ vacation.