Paid Time Off Accrual Sample Clauses

Paid Time Off Accrual. Each employee shall be entitled to annual Scheduled Time Off. Scheduled time off is earned on an hourly basis. For purposes of this section, a day is defined as eight (8) work hours. The accrual schedule shall be as follows: SERVICE YEARS& WORKDAY EQUIVALENT TOTAL YEARLY ACCRUAL IN WORKDAYS HOURLY ACCRUAL FACTOR PER PAY PERIOD 1st year1st through 261 days 19 5.846 2nd through 4th year 262 through 1,044 days 21 6.461 5th through 9th year 1,045 through 2,349 days 25 7.692 10th through 14th year 2,350 through 3,654 days 27 8.307 15th through 19th year 3,655 through 4,959 days 29 8.923 20th and thereafter4,960 days 31 9.538
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Paid Time Off Accrual. To be used for employee’s illness, family illness, vacation, family emergencies or other personal business.
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Paid Time Off Accrual. RNs participating in the PTO program shall accrue PTO 32 hours from the date of hire, however during the first 90 days of employment PTO may 33 only be used for absence on a Hospital-recognized holiday (New Year's Day, Memorial
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Paid Time Off Accrual. No later than December 31, 2006, each Acquired Company shall pay to its respective employees (and properly reflect on its consolidated financial statements) the cash value of any accrued Paid Time Off in excess 200 hours such that, as of the Closing Date, no Continuing Employee shall remain entitled to accrued Paid Time Off in excess of 200 hours.
Sample 1
Paid Time Off Accrual. 18.09 Employees shall accrue PTO hours from the date of hire.1
Sample 1
Paid Time Off Accrual. There is no accrual of paid time off credit while on a unpaid leave of absence. Credit will be given for the employee's total length of service which is continuous with the Company, and other predecessor Contractors who performed similar work at Stennis Space Center.
Sample 1
Paid Time Off Accrual. PTO is a benefit granted to employees to continue normal compensation during approved absences. All full-time regular employees shall accrue PTO at the following annualized accrual rates. During the first year 200 hours of leave per year After the 1st year through 2 years 208 hours of leave per year After the 2nd through 4 years 216 hours of leave per year After the 4th through 9 years 232 hours of leave per year After the 9th through 14 years 264 hours of leave per year After the 14th through 20 years 296 hours of leave per year After 20th year through 29 years 312 hours of leave per year After 29th year 320 hours of leave per year Any regular part-time employees shall accrue PTO leave pro-rated to match the FTE percentage and adjusted by actual hours worked. PTO accrues on a pay period basis and is not available for use during the pay period in which it is accrued. PTO will only accrue when the employee is in paid status (working or using accrued paid leave) for at least forty (40) hours in the pay period, unless accrual is required to comply with the State paid sick leave law.
Sample 1
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Paid Time Off Accrual. Paid time off will accrue as follows:
Sample 1
Paid Time Off Accrual. Paid Time Off may be accrued up to a maximum of one (1) times the annual rate of accrual. New employees will begin to accrue hours on their date of hire. They are eligible to begin using their Paid Time Off hours after they complete their probationary period. Employees on an unpaid leave will not accrue Paid Time Off hours until they return to active employment. Employees on paid leave will continue to accrue Paid Time Off hours. Paid Time Off hours are not counted as hours worked for purposes of receiving overtime pay.
Sample 1

Related to Paid Time Off Accrual

  • Paid Time Off The Executive shall be entitled to take paid time off in accordance with the Company’s applicable paid time off policy for executives, as may be in effect from time to time.

  • Vacation; Paid Time Off During the Employment Term, the Executive shall be entitled to fifteen (15) paid vacation days per calendar year (prorated for partial years) in accordance with the Company’s vacation policies, as in effect from time to time that is at least as favorable as that provided to other similarly situated executives of the Company. The Executive shall receive other paid time-off in accordance with the Company’s policies for executive officers as such policies may exist from time to time.

  • Time Off The company recognises that sufficient time off to attend to personal matters and for recreation are important to the employee’s wellbeing, job satisfaction and overall productivity. Accordingly, time off may be taken with the consent of the Company, which shall not be unreasonably withheld. In considering the approval to have time off, the Parties will have regard to the current works programme and the urgency of the reason for time off. In the event that time off is to be taken, it will be the employee’s obligation to advise the Company in advance or as soon as practicable on the day of absence, recognising that unplanned absences can cause costly disruption to programmed works and are a major source of annoyance for the company, other employees and clients. The object of offering flexible working hours is that in return employees will take very seriously their obligation to turn up when they are expected. In view of the disruption caused by unplanned and or notified absenteeism, repeated failure to observe the protocol for time off would constitute misconduct.

  • Vacation and Paid Time Off The Executive shall be entitled to vacation and paid time off in accordance with the standard policies of the Company for executives as in effect from time to time.

  • Accrued Salary and Paid Time Off On the Separation Date, the Company will pay you all accrued salary, and all accrued and unused vacation earned through the Separation Date, subject to standard payroll deductions and withholdings. You are entitled to these payments by law.

  • Vacation Days Employee shall be entitled to the same paid vacation days each calendar year during the term of this Employee Agreement as authorized by the Company for its other employees.

  • Time-Off Benefits Spinco shall credit each Spinco Participant with the amount of accrued but unused vacation time, sick time and other time-off benefits as such Spinco Participant had with the MSG Networks Group as of the Distribution Date or as of an employee’s transfer date for an MSG Networks Employee who becomes a Spinco Employee prior to the Service Crediting Date. MSG Networks shall credit each MSG Networks Participant with the amount of accrued but unused vacation time, sick time and other time-off benefits as of an employee’s transfer date for a Spinco Employee who becomes an MSG Networks Employee prior to the Service Crediting Date. Notwithstanding the above, Spinco shall not be required to credit any Spinco Participant and MSG Networks shall not be required to credit any MSG Networks Participant with any accrual to the extent that a benefit attributable to such vacation time, sick time and other time-off benefits is paid by the MSG Networks Group or Spinco Group, respectively.

  • Personal Time Off Executive shall be entitled to paid time off in accordance with the Company’s policies applicable to executives.

  • Paid Vacation Except as otherwise provided in this Article, paid vacation shall be granted no longer than the fiscal year immediately following the fiscal year in which it is earned.

  • Accrual (a) An Employee's seniority shall commence after the completion of his/her probationary period and shall be retroactive to the date of his/her last hire.

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