Clinic and Fulltime Accrual Rate Sample Clauses

Clinic and Fulltime Accrual Rate. Full time Ambassadors, as well as full-time clinic employees accrue PTO as follows: • 1st Year of Employment- four point nine two (4.92) hours per paycheck. (16 days)* • 5th Year of Employment- six point seven seven (6.77) hours per paycheck. (22 days)* • Regular part time employees in the clinic shall accrue PTO on a pro-rata basis. * Days of accrual are based on regularly scheduled hours. Employees shall not accrue more than one (1) year's PTO as of their anniversary date. (For example, at an employee's second anniversary of employment, the employee should have used the first year's PTO accrual of nineteen (19) days and show not more than the second year's PTO accrual of twenty-four (24) days on the books.) Eligible part-time employees will accrue PTO on a pro rata basis.
AutoNDA by SimpleDocs
Clinic and Fulltime Accrual Rate. ‌ Full time Ambassadors, as well as full-time clinic employees accrue PTO as follows: • 1st year of Employment – four point six-one-nine (4.619) hours per paycheck (15 days) * • 5th year of Employment- six point seven-seven (6.77) hours per paycheck (22 days) * • Regular part time employees in the clinic shall accrue PTO on a pro-rata basis • Days of accrual are based on regularly scheduled hours Each employee also has one (1) floating holiday per year, available as of the first day of the year. Employees may not car over more than one (1) year’s accrual of PTO per calendar year, unless additional carryover is required by law. Eligible part-time employees will accrue PTO on a pro rata basis.

Related to Clinic and Fulltime Accrual Rate

  • Vacation Accrual Rates Laid off employees who are re-employed shall have the vacation accrual rate they held immediately prior to layoff restored.

  • Accrual Rates All eligible employees shall accrue vacation pay according to the following rates:

  • Accrual Rate Compensatory time for employees will accrue at the rate of one and one-half hours for each one hour of overtime worked.

  • Vacation Leave Accrual Rate Schedule Full Years of Service Hours Per Year During the first year of current continuous employment Ninety-six (96) During the second year of current continuous employment One hundred four (104) During the third and fourth years of current continuous employment One hundred twelve (112) During the fifth, sixth, and seventh years of total employment One hundred twenty (120) During the eighth, ninth, and tenth years of total employment One hundred twenty-eight (128) During the eleventh year of total employment One hundred thirty-six (136) During the twelfth year of total employment One hundred forty-four (144) During the thirteenth year of total employment One hundred fifty-two (152) During the fourteenth year of total employment One hundred sixty (160) During the fifteenth year of total employment One hundred sixty-eight (168) During the sixteenth year of total employment and thereafter One hundred seventy-six (176)

  • Protected Salary Rates A. The Employer shall continue the current salary rate protection program for the duration of this Agreement.

  • Accrual Rate of Sick Leave With Pay Credits Full-time employees shall accrue eight (8) hours of sick leave with pay credits for each full month worked. Employees who work less than the full month but at least thirty-two (32) hours during the month shall accrue sick leave with pay on a pro rata basis for the month.

  • How Are Contributions to a Xxxxxxxxx Education Savings Account Reported for Federal Tax Purposes? Contributions to a Xxxxxxxxx Education Savings Account are reported on IRS Form 5498-ESA.

  • Annual Leave Accrual If an employee leaves State Classified employment and is later rehired, he/she shall accrue annual leave at the same rate as a new hire. However, once a rehired employee has been in pay status for five (5) years, all previous service time shall be credited for annual leave accrual. The only exception shall be for employees rehired who repay severance pay received.

  • Salary Rate The annual salary for regular faculty will be prorated according to the established workload for the academic year.

  • Maximum Vacation Accrual Employees may accrue vacation up to a maximum of two hundred forty (240) hours. An employee who has reached the maximum accrual level may continue to accrue vacation until his or her next anniversary date, at which time any vacation accrued in addition to the two hundred forty (240) hour maximum accrual will be extinguished. With the written approval of the appropriate Vice President, an employee may accrue more than two hundred forty (240) hours of vacation when he or she is precluded from taking a previously scheduled vacation because of University needs. Any such written approval will specify a timeline for the employee to use any excess vacation accrual, after which any excess vacation accrual will be extinguished.

Time is Money Join Law Insider Premium to draft better contracts faster.