Paid Time Off means those vacation and holiday days for which the Employer pays employees for time not worked.
Paid Time Off means compensated time away from work provided by an employer that the employee can choose to use for any reason, including, but not limited to, vacation, sickness, and personal time.
Examples of Paid Time Off in a sentence
Full-time employees shall accrue Paid Time Off (PTO) based upon the following schedule: Years of Service PTO Time 1 year to 3 years of service 8 days 3 to 5 years of service 13 days 5 or more years of service 18 days Employees may not use PTO time until after the completion of one (1) year of continuous full- time service with the Employer.
Paid Time Off (“PTO”) combines what used to be known as vacation, personal days and floating holidays.
Paid Time Off The number of hours of paid time off available annually shall be 2.4 (two and four-tenths) times the average number of hours worked per week.
Paid Time Off Teachers who teach in any of the extended days-extended year programs in the time period between the end of one school year (approximately June 15) and the beginning of the next school year (approximately August 25) shall be eligible for paid time off.
More Definitions of Paid Time Off
Paid Time Off. You will be eligible for 4 weeks of paid time off (PTO)/year (160 hours), which will accrue on a pro-rata basis beginning from your hire date and be may carried over from year to year. It is company policy that when your accrued PTO balance reaches 160 hours, you will cease accruing PTO until your accrued PTO balance is 120 hours or less – at which point you will again accrue PTO until you reach 160 hours. You are eligible to use PTO after completing 3 months of employment. In addition to paid time off, there are also 6 paid national holidays and 1 “floater” day available to you.
Paid Time Off means Seller Employees’ accrued vacation, sick, holiday or other paid time off and related Taxes and other payroll obligations.
Paid Time Off. As set forth in Appendix B, attached hereto and incorporated herein by reference, Executive shall not be entitled to receive paid time off in accordance with the Company's paid time off policy; provided, however, Executive has the liberty and ability to take time off on a reasonable - as needed - basis, and is not required to record or track such time off.
Paid Time Off. Annual paid time off is provided as described in the “Compensation and Benefits” policy of the Consortium’s Graduate Medical Education Policies and Procedures Manual or in accordance with the attached Addendum, if applicable. All paid time off must be scheduled in accordance with Program policy. All paid time off must be approved by the Chief Resident and the Program Director or his/her designee. Paid time off is not cumulative from year to year. Resident will not be reimbursed for unused days for any reason. Use of the full annual allotment of paid time off will be subject to minimum attendance requirements specified by the various specialty boards. In specialties for which attendance requirements would prohibit use of the full paid time off allotment (with or without other absences from training), the paid time off allotment will be reduced to meet the requirements of the specialty board and the Program Director will inform all residents who are affected.
Paid Time Off or “PTO” means accrued hours of paid leave provided by an employer for use by an employee. PTO may be provided through vacation, sick or safe leave, combined PTO, or other plans that permit employees to accrue paid leave and then use the leave in accordance with the employer plan. Employee must work more than 240 hours in a calendar year to qualify for this benefit.
Paid Time Off. You are eligible to accrue 18 days of Paid Time Off during your first year of employment. Two days of PTO accrual are added for each year of service up to a maximum of 28 days per year. You may accumulate up to 40 days of banked PTO-time. In addition, in 2006, the company will be closed for 13 holidays including the days from December 25 to December 29. This offer is contingent upon your executing VNUS’ Proprietary Information and Inventions Agreement for new employees, signing the Arbitration Agreement, and providing the company with the legally required proof of your identity and authorization to work in the United States within 72 hours of your first day of employment. VNUS is an at-will employer. Employment-at-will may be terminated with or without cause, and with or without notice at any time, by the employee or the company. This offer will remain in effect through April 5, 2006. If you do accept, and I sincerely hope you will, please fax an endorsed letter to HR’s confidential fax at 400-000-0000, and return an original signed copy by mail shortly thereafter. Mohan, we believe you will be an outstanding addition to the company. We have an exciting opportunity ahead of us to which you can make a significant contribution. We look forward to working with you in a productive and mutually beneficial relationship. Sincerely, Foregoing terms and conditions hereby accepted: /s/ Bxxxx X. Xxxxxx Bxxxx X. Xxxxxx President and /s/ Mxxxx Xxxxxxxx April 4, 2006 Chief Executive Officer Mxxxx Xxxxxxxx Date
Paid Time Off. You shall earn paid time off in accordance with and subject to the Company's policies, as in effect from time to time.