Common use of PTO Accrual/Pay Out Clause in Contracts

PTO Accrual/Pay Out. Payment of PTO after six (6) months of employment will be limited to the employee’s earned PTO balance. Payments of PTO may result in negative balances during the first six (6) months of employment. This practice will be allowed only for nationally observed legal holidays as described in part B of this Article. Part-time employees will be paid the greater of their PTO balance (up to eight hours) or four (4) hours for nationally observed legal holidays as described in part B of this Article that occur during the first six (6) months of employment.

Appears in 1 contract

Samples: Collective Bargaining Agreement

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PTO Accrual/Pay Out. Payment of PTO after six (6) months of employment will be limited to the employee’s earned PTO balance. Payments of PTO may result in negative balances during the first six (6) months of employment. This practice will be allowed only for nationally observed legal holidays as described in part Section B of this Article. Part-time employees will be paid the greater of their PTO balance (up to eight hours) or four (4) hours for nationally observed legal holidays as described in part Section B of this Article that occur during the first six (6) months of employment.six

Appears in 1 contract

Samples: Collective Bargaining Agreement

PTO Accrual/Pay Out. Payment of PTO after six (6) months of employment will be limited to the employee’s earned PTO balance. Payments of PTO may result in negative balances during the first six (6) months of employment. This practice will be allowed only for nationally observed legal holidays as described in part B Section 19.2 of this Article. Part-Part- time employees will be paid the greater of their PTO balance (up to eight hours) or four (4) hours for nationally observed legal holidays as described in part B Section 19.2 of this Article that occur during the first six (6) months of employment.

Appears in 1 contract

Samples: Collective Bargaining Agreement

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PTO Accrual/Pay Out. Payment of PTO after six (6) months of employment will be limited to the employee’s earned PTO balance. Payments of PTO may result in negative balances during the first six (6) months of employment. This practice will be allowed only for nationally observed legal holidays as described in part Section B of this Article. Part-time employees will be paid the greater of their PTO balance (up to eight hours) or four (4) hours for nationally observed legal holidays as described in part Section B of this Article that occur during the first six (6) months of employment.

Appears in 1 contract

Samples: Collective Bargaining Agreement

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