Maximum PTO Accumulation Sample Clauses

Maximum PTO Accumulation. PTO leave may be accumulated to no more than two times the employee's annual accrual rate. The maximum PTO accrual shall be prorated for employees who work less than a full-time schedule. The PTO accrual rate for all employees who have reached the maximum accrual amount allowed shall be zero (0) days per year. For example, a full time employee with ten years of service who does not take leave without pay accrues 280.02 hours of PTO per year. Thus, the maximum balance of unused PTO the employee may maintain during his/her tenth year is 560.4 hours. Once the employee reaches the maximum accrual amount, the employee will not accrue any additional PTO time until his/her balance falls below 560.4 hours.
Sample 1
AutoNDA by SimpleDocs
Maximum PTO Accumulation. Accumulation of PTO days is permitted but shall not exceed six hundred (600) hours for employees. Any excess hours are forfeited, at end of calendar year. PTO will be accrued only when the employee is on compensated payroll status. If the employee is not on fully compensated status, PTO will accrue on a pro-rata basis. “Compensated payroll status” means PTO time, working time or compensatory time.
Sample 1

Related to Maximum PTO Accumulation

  • Maximum Accumulation Maximum accumulation amounts apply only to the amount of annual leave that may be carried over from one leave year to the next, and do not limit accumulated leave balances during the leave year.

  • Sick Leave Accumulation a. All unused days of sick leave at full pay for all employees, shall accumulate to a maximum of two hundred ten (210) days. Such sick leave benefits so accrued will be usable after the annual full days allowed, and prior to any half pay benefits.

  • Accumulation Vacation time shall be earned and accumulated on a monthly basis in accordance with the following schedules:

  • Vacation Accumulation (a) Vacations are not cumulative from year to year.

  • Seniority Accumulation (a) (i) Part-time employees shall have their seniority expressed on the basis of number of hours worked in the bargaining unit. (The foregoing is for clarity only and therefore does not modify an employee’s level of seniority under this collective agreement or previous collective agreements.)

  • Reallocation to a Class with a Lower Salary Range Maximum 1. If the employee meets the skills and abilities requirements of the position and chooses to remain in the reallocated position, the employee retains existing appointment status and has the right to be placed on the Employer’s internal layoff list for the classification occupied prior to the reallocation.

  • Rate of Accumulation Full-time employees shall earn cumulative sick leave at the rate of 1.25 days per month during each calendar year to a maximum of seventy-five (75) days in total. Regular part-time employees will earn sick leave on a prorated basis.

  • Excessive leave accruals request by employee for leave

  • Reallocation to a Class with an Equal Salary Range Maximum 1. If the employee meets the skills and abilities requirements of the position, the employee remains in the position and retains existing appointment status.

  • Reallocation to a Class with a Higher Salary Range Maximum Upon appointment to the higher class, the employee’s base salary will be increased to a step of the range for the new class that is nearest to five percent (5.0%) higher than the amount of the pre-promotional step, or to the entry step of the new range, whichever is higher.

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