Common use of Paid Time Off Accrual Clause in Contracts

Paid Time Off Accrual. Each employee shall be entitled to annual Scheduled Time Off (STO). Scheduled time off is earned on an hourly basis. For purposes of this section, a day is defined as eight work hours. The accrual schedule shall be as follows: SERVICE YEARS & WORKDAY EQUIVALENT TOTAL YEARLY ACCRUAL IN WORKDAYS HOURLY ACCRUAL FACTOR PER BI-WEEKLY PER PAY PERIOD 1st year 1st through 261 days 19 5.846 2nd through 4th year 262 through 1044 days 21 6.461 5th through 9th year 1045 through 2349 days 25 7.693 10th through 14th year 2350 through 3654 days 27 8.307 15th through 19th year 3655 through 4959 days 29 8.923 20th and thereafter 4960 days 31 9.538

Paid Time Off Accrual. Each employee shall be entitled to annual Scheduled Time Off (STO). Scheduled time off is earned on an hourly basis. For purposes of this section, a day is defined as eight work hours. The accrual schedule shall be as follows: SERVICE YEARS & WORKDAY EQUIVALENT TOTAL YEARLY ACCRUAL IN WORKDAYS HOURLY ACCRUAL FACTOR PER BI-WEEKLY PER PAY PERIOD 1st year 1st through 261 days 19 5.846 17 5.231 2nd through 4th year 262 through 1044 days 21 6.461 19 5.846 5th through 9th year 1045 through 2349 days 25 7.693 23 7.077 10th through 14th year 2350 through 3654 days 27 8.307 25 7.692 15th through 19th year 3655 through 4959 days 29 8.923 27 8.308 20th and thereafter 4960 days 31 9.53829 8.923

Paid Time Off Accrual. Each employee shall be entitled to annual Scheduled Time Off (STO). Scheduled time off is earned on an hourly basis. For purposes of this section, a day is defined as eight work hours. The accrual schedule shall be as follows: SERVICE YEARS YEARS& WORKDAY EQUIVALENT TOTAL YEARLY ACCRUAL IN WORKDAYS HOURLY ACCRUAL FACTOR PER BI-WEEKLY PER PAY PERIOD 1st year 1st through 261 days 19 5.846 17 5.231 2nd through 4th year 262 through 1044 days 21 6.461 19 5.846 5th through 9th year 1045 through 2349 days 25 7.693 23 7.077 10th through 14th year 2350 through 3654 days 27 8.307 25 7.692 15th through 19th year 3655 through 4959 days 29 8.923 27 8.308 20th and thereafter 4960 days 31 9.53829 8.923