Common use of Annually, on August Clause in Contracts

Annually, on August. 1st the Employer will take a snapshot of each job title and utilize this population snapshot to post by October 1st the Employer will post the number of PTO hours available per week, based on the current staff’s annual PTO accrual, inclusive of any vacancies. The standardized formula (listed below) will be utilized for PTO calculation:

Annually, on August. 1st the Employer will take a snapshot of each job title and utilize this population snapshot to post by October 1st the Employer will post the number of PTO hours available per week, based on the current staff’s annual PTO accrual, inclusive of any vacancies. The standardized formula (listed below) will be utilized for PTO calculation:

Annually, on August. 1st the Employer will take a snapshot of each job title and utilize this population snapshot to post by October 1st the Employer will post the number of PTO hours available per week, based on the current staff’s annual PTO accrual, inclusive of any vacanciesvacancies (PTO for vacancies will be calculated using the average accrual rate for that job title). The standardized formula (listed below) will be utilized for PTO calculation: