PTO. During the Term, the Executive is eligible to earn paid-time-off (“PTO”), to be accrued on a pro rata basis and subject to the terms and conditions of the Company’s policies and procedures relating to PTO.
PTO. Employee is eligible for PTO (paid time off) subject to the Employee Handbook.
PTO. During the Term, the Executive is eligible to earn up to four weeks of paid-time-off (“PTO”), to be accrued on a pro rata basis and subject to the terms and conditions of the Company’s policies and procedures relating to PTO.
PTO. Executive will be entitled to paid time off (PTO) in accordance with the Company’s PTO policy, with the timing and duration of specific days off mutually and reasonably agreed to by the parties.
PTO. Employee shall be entitled to paid time off ("PTO") in accordance with the Company's PTO policy in effect at the time the PTO is taken. In the event that the full PTO is not taken by Employee, no PTO time shall accrue for use in future years, except in accordance with the Company's then existing policy for the carry forward of accrued PTO.
PTO. On January 1, 2008 and on January 1 each year thereafter, eligible employees will be credited forty (40) paid time off (“PTO”) hours. Each eligible employee’s current sick leave bank balance as of December 31, 2007 will transfer over to PTO hours as well, without reduction or offset to this forty (40) hours credit. There will be no cash out of unused sick leave on December 31, 2007. The prior (2003- 2007) contract’s sick leave provisions will continue to apply up to, but will become inoperative and of no further force and effect on, September 1, 2007. PTO is to be scheduled, whenever possible, in advance (end of shift prior day). This PTO program is not intended to allow a pattern of abuse of unscheduled PTO use by employees, and such activities may be subject to the attendance policy. Unused PTO will be cashed out in January 2009 and in January every year thereafter.
1. If all PTO use in prior year was scheduled, 125% of unused balance will be cashed out.
2. If no PTO used at all, 150% of unused PTO balance will be cashed out. Pre-shift call in for sickness in an eight (8) hour increment will count as a scheduled PTO. PTO use after shift has started is considered unscheduled. Employees can use PTO in minimum of one (1) hour increments. To be eligible for the annual forty (40) hours PTO, employees must have actually worked some part of the calendar year prior to December 31 of the year in question (forty (40) hours annual credit reduced pro-rata if employee is absent for any reason longer than ninety (90) days in prior calendar year). PTO credit will be pro-rated for new hires, following their probationary period:
1. If hired July 1, and employee gains seniority on October 1, then he gets twenty (20) hours immediately on October 1, forty (40) more hours on January 1 of next year.
2. The Company will allow ten (10) hours up front to probationary employees; then at ninety (90) days populate their account with pro-rated forty (40) hours, but as per the above example, minus what has previously been used of the ten (10) hours “up front” credit.
3. If employee is hired December 1, and gains seniority on March 1 of the next year, he would then vest forty (40) hours, plus one-twelfth (1/12) of forty (40) hours to account for his December work. This ten (10) hours shall not be subject to cash out if January 1 occurs during the probationary period. For FMLA, still require fifty percent (50%) vacation usage first, but PTO usage is employee choice. PTO must be used, i...
PTO. Any Paid Time Off improvements regarding the replenishment of PTO that may be granted to all SHS employees shall also include SEIU members.
PTO. Executive shall be entitled to paid time off in accordance with the Company’s policy applying to other similarly-situated executives, but in no event less than four (4) weeks of paid time off in each year during the Term.
PTO. The Executive will be entitled to take one hundred seventy-six (176) hours of Paid Time Off (“PTO”) annually, calculated from the Executive’s anniversary date, during the term of this Agreement. No additional compensation will be paid for failure to take PTO.
PTO. PGY1 and PGY2 Resident Physicians have ten (10) days of paid annual paid time off. PGY3, PGY4 and PGY5 Resident Physicians have fifteen (15) days of paid annual paid time off.