Paid Time Off (PTO) Clause Samples

The Paid Time Off (PTO) clause establishes an employee's entitlement to take a specified amount of paid leave from work for personal, vacation, or health-related reasons. Typically, this clause outlines how PTO is accrued over time, the process for requesting time off, and any limitations on carryover or payout of unused days. Its core practical function is to provide employees with flexibility to manage their personal needs while ensuring clear guidelines for both employees and employers regarding time away from work.
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Paid Time Off (PTO). During the Term, Executive shall be entitled to paid time off in accordance with Company’s policy in place from time to time; provided, however, that Executive shall be eligible to accrue no less than twenty (20) days per calendar year (with such amount prorated for the balance of 2017).
Paid Time Off (PTO). During the Term, the Executive shall be entitled to four (4) weeks of vacation per calendar year, to be taken at such times and intervals as shall be determined by the Executive, subject to the reasonable business needs of the Company. The Executive may not accumulate or carry over from one (1) calendar year to another any unused, accrued vacation time. The Executive shall not be entitled to compensation for vacation time not taken. In addition, the Executive shall be entitled to five (5) days of emergency/medical PTO per calendar year.
Paid Time Off (PTO). A. All regular full-time and part-time employees are eligible for Paid Time- Off (PTO). An employee must have completed three (3) months of employment before they are entitled to the Paid Time-Off (PTO) benefit. B. Paid Time-Off (PTO) is accrued per pay period into an employee's account by the Payroll Department, based on notification by the employee's supervisor on the Time and Attendance reports or the time reporting system used in the employee's department. Employee PTO account balance will be shown on each pay stub. C. The Paid Time-Off (PTO) account accrues time according to the employee's length of service. Accrual rate is pro-rated for regular part- time employees. 0 To 5 5.85 5 To 10 6.85 10 or More 7.85 D. Holidays are added to the Paid Time-Off (PTO) account as they occur. For most employees, they will use the holiday on the day it is scheduled. Those employees who work on the holiday will have those holiday hours added to their PTO account, unless they request pay during that pay period. E. To use scheduled Paid Time-Off (PTO) the employee must schedule the time-off at least four (4) weeks in advance, although their supervisor can approve exceptions based on department requirements or labor contract rules. At a minimum, at least two (2) hours notice prior to the scheduled shift must be provided for the use of unscheduled PTO hours. Employees may use scheduled PTO hours for the second and subsequent days of an extended absence providing that notification is given to the department head/designee at least two (2) hours prior to the absence. Staff are encouraged to provide as much notice of an unscheduled absence as possible. Employees will receive a maximum of six (6) unscheduled PTO occurrences in a fiscal year, July 1 through June 30. The first day of each additional unscheduled absence after the first 6 unscheduled absences will be unpaid. Subsequent days of the unscheduled absence will be paid using scheduled PTO hours provided the notification given to the department head/designee occurs two (2) hours prior to the absence. The occurrences for unscheduled absences will be pro-rated upon FTE To receive PTO pay the employee must notify his/her department head/designee, in a timely manner, that he/she will not be at work. The specific notification requirement will vary by department. Employees should contact their department head to verify the exact notification requirement. This notification allows the employee's supervisor an opportunity to prov...
Paid Time Off (PTO). Executive shall earn and accrue paid-time-off covering vacation and sick time benefits at the rate of twenty (20) days per year for employment periods of up to five years of service. The PTO accrual rate shall automatically increase by five (5) additional days for each additional 5 years of service up to maximum of thirty (30) days per year after 10 years of service. For example, after five years of service, the annual PTO accrual rate shall increase to twenty-five (25) days. Unused PTO shall carry over to the next year, but Executive shall cease accruing further PTO at any time Executive has accrued two times his annual accrual rate. Unused PTO days which are not in excess of two-times the annual accrual rate shall be paid in a cash lump sum payment promptly after Executive’s termination of employment.
Paid Time Off (PTO). 11.1 The members of this bargaining unit will be covered by the PTO policy as outlined in the personnel policies except as provided in this article. 0 thru 5 years 168 hours/21 days 1 hour for each 12.38 worked 6 thru 10 years 192 hours/24 days 1 hour for each 10.83 worked 11 thru 15 years 224 hours/28 days 1 hour for each 9.29 worked 16 thru 20 years 256 hours/32 days 1 hour for each 8.13 worked 21+ years* 264 hours/33 days 1 hour for each 7.88 worked 11.2 The total number of days of PTO accrual, based on years of service shall be as follows: Years of Service** Annual Accrual Rate Accrual Rate * Those employees hired before January 1, 1980 shall earn PTO at the rate of 272 hours/34 days per year, which is an accrual rate of 1 hour for each 7.65 hours worked. ** Years of service will be calculated and effective on the same basis as eligibility for step movement. 11.3 The maximum accumulation of PTO at any time shall be no more than 488 hours or two times an employee’s annual accrual rate, whichever is greater. 11.4 The County will waive the 350-hour maximum payout at the time of termination in the event of the unexpected death of the terminating employee. The payout will be paid to the estate of the deceased employee within thirty (30) calendar days upon the presentation of a death certificate or other valid proof of death. 11.5 Any employee who is on a corrective action plan for performance that has been rated “unacceptable” is not eligible to use accrued PTO until such time as their immediate supervisor authorizes them to do so. Exceptions to this limitation shall include any approved use of extended sick leave, PTO that would otherwise be allowed as sick leave pursuant to the personnel policies or for a death qualifying for the use of funeral leave. 11.6 The following payout schedule shall apply to the allowance for payment of cash or deferred compensation: Conversion To: Deferred Comp OR Cash 1-5 years 20 hours 6-10 years 60 hours 11-15 years 80 hours 16-20 years 100 hours 21+ years 120 hours
Paid Time Off (PTO). 7 A. Definition: PTO is the Medical Center's program of time earned by full-time and 8 part-time employees that can be used to meet their needs for paid time off from 10 which shall no longer accrue or be payable. 12 B. Use: PTO permits employees to utilize their paid time off as it best fits their own 13 personal needs or desires. PTO days, with the exception of illness, will be self- 14 scheduled by employees according to departmental policy and guidelines. It may 15 be used in increments of one hour as it accrues. The Nurse shall be responsible 16 for notifying the department scheduler of the number of PTO hours to be used in 17 each pay period by the payroll exception process. If a regular RN finds coverage 18 from a Per Diem RN that has signed up for the required minimum shifts, uneven 19 trades shall be granted. 21 C. Registered Nurses shall be accountable for the management of their PTO 22 accruals. The nurse must have sufficient accrued PTO to actually take self- 23 scheduled time off. Self-scheduled PTO may be rescinded at any point if 24 sufficient PTO cannot be accrued to cover the requested absence. Once 25 scheduled, the Medical Center may not rescind PTO if sufficient PTO accrual 26 exists to cover the requested time off. 27 1. A nurse may self-schedule PTO at least four (4) weeks, but not more than 28 six (6) months, prior to the date when the earliest schedule covering such 29 time off is to be published. PTO which would occur during the week 30 containing Thanksgiving and the pay periods containing Christmas and 31 New Year’s will be arranged according to departmental policy and nurses 32 will be notified no later than four (4) weeks prior to the publishing of the 33 schedule which contains this time frame. 1 2. Home Health Nurse may request scheduled time off by giving notice in 2 writing to the appropriate scheduler at least three (3) weeks, but no more 3 than six (6) months, prior to the date when the earliest schedule covering 4 such time off is to be posted. The Medical Center will respond in writing 5 with a grant or denial of the request no later than ten (10) days after 6 receipt of the request. If no such response is given within that time, the 7 nurse shall provide a second notice of the request to the appropriate 8 scheduler, and if there is no response to the second request within five (5) 9 business days, the request for leave shall be deemed approved. 11 3. A nurse may ask to rescind a scheduled PTO prior to the date when the...
Paid Time Off (PTO). Employee will accrue five (5) weeks of PTO benefits during each calendar year of the Employment Period in accordance with the Company policy in effect for executive officers.
Paid Time Off (PTO). Teachers will be given twelve (12) leave days to use for personal business, personal illness, family illness, or for funerals. These are not vacation days. Days will not require written request or prior permission except to extend a break or supersede any of the following limitations. Unused PTO days roll over to sick days the following year. Previously accumulated sick days will remain as sick days and cannot be used as PTO days. No more than two (2) PTO days may be used on consecutive school days not related to illness without the approval of the Superintendent prior to the start of the leave. Only 1 day per year may be used to extend a break. PTO days may be used to extend bereavement leave. Teachers will schedule absences in substitute system 48 hours in advance whenever possible. No more than one day is to be used in May for non-illness or non-bereavement reasons. Limitations may be waived by Superintendent if deemed appropriate. If an extended illness occurs in which a teacher uses multiple sick days, the PTO days would be used until the teacher reaches ten (10); at that point two (2) days would be reserved for personal affairs and accumulated sick days would be used if still needed for the illness. Principals will conference with individuals who have missed nine (9) days. If poor attendance choices are indicated, the employee will receive a written notice that continued poor attendance is likely to result in a one point deduction for core professionalism.
Paid Time Off (PTO). All regular full-time employees covered by this Agreement who have completed their probationary period shall be eligible for Paid Time Off (PTO) which shall accrue from the date of hire in accordance with the schedule provided in Section 12.2. PTO may be used for personal time, vacation, or sick time as the employee wishes. PTO/vacation pay benefits shall be paid as time worked.
Paid Time Off (PTO). During the Employment Term, Executive will be entitled to accrue PTO of not less than three (3) weeks per year, subject to reasonable accrual caps in accordance with the Company’s PTO policy for senior executive officers, with the timing and duration of specific PTO mutually and reasonably agreed to by the parties hereto.