Maximum PTO Leave Accrual. Employees shall be allowed to accumulate accrued PTO leave up to a maximum of two times (2.0) the annual accrual rate; e.g. an employee earning 200 hours per year may accumulate up to 400 hours of PTO leave. Employees shall be expected to schedule vacations (or PTO cash out, per 14.6) as necessary to maintain a balance within the above limitations.
Appears in 2 contracts
Samples: Letter of Agreement, Letter of Agreement
Maximum PTO Leave Accrual. Employees shall be allowed to accumulate accrued PTO leave up to a maximum of two times (2.0) the annual accrual rate; e.g. an employee earning 200 hours per year may accumulate up to 400 hours of PTO leave. Employees shall be expected to schedule vacations (or PTO cash outcashout, per 14.6) as necessary to maintain a balance within the above limitations.
Appears in 2 contracts
Samples: Letter of Agreement, Letter of Agreement