Accrual Maximum Sample Clauses
The Accrual Maximum clause sets a limit on the total amount of a benefit, such as paid time off or vacation days, that an employee can accumulate over time. Typically, once this maximum is reached, the employee will stop accruing additional benefits until their balance falls below the cap, often by using some of the accrued time. This clause helps employers manage liabilities and encourages employees to use their benefits regularly, preventing excessive accumulation that could create financial or operational challenges for the organization.
Accrual Maximum. Employees can maintain a maximum accrual of two (2) years of vacation at any time.
Accrual Maximum. There shall be no maximum accrual for sick leave.
Accrual Maximum. Annual leave accrual will stop once the accrual maximum has been reached. It is the employee’s responsibility to monitor accrual levels and maximum accrual levels.
Accrual Maximum. 5 The maximum allowable accrual balance for the sum total of vacation and compensatory 6 time shall be three hundred twenty (320) hours. 7
Accrual Maximum. 1. The maximum allowable accrual balance for the sum total of annual leave and compensatory time shall be two hundred forty (240) hours on December 31st of each year.
Accrual Maximum.
A. Employees may accrue no more than 270 hours of vacation time. When an employee reaches their maximum vacation accrual, no further vacation will accrue until the employee’s accrual is decreased below the allowed maximum of 270 hours.
B. For employees with over 230 hours that are denied their vacation request by the department, the employee will be allowed to accrue more than the 270 hour maximum until the department grants the request for vacation.
Accrual Maximum. Earned vacation time may be accumulated, but the employee shall not be allowed to have an accumulation of more than two (2) years' credit at any time.
Accrual Maximum. Employees eligible for vacation leave shall accrue vacation leave
Accrual Maximum. 1. Employees may accrue a Comp Time balance of up to 60 hours. The Decision Maker or designee can request approval from the Human Resources Director to increase the maximum accrual. A Comp Time balance cannot exceed the limits established in Federal law (reference A).
2. Any overtime worked beyond the department Comp Time maximum must be compensated, with the employee getting one- and one-half times the regular rate of pay for any overtime hours actually worked.