PTO Accrual Schedule Sample Clauses

PTO Accrual Schedule. A. Eligible employees accrue PTO in fixed amounts on the first day of the pay period according to the schedule in the Accrual Table below, depending on their length of service.
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PTO Accrual Schedule. A. Eligible employees accrue PTO in fixed amounts on the first day of the pay period ac- cording to the schedule in the Accrual Table be- low, depending on their length of service. Length of Service Annual PTO Days Accrual Limit (hr) Pay Period Accrual Less than 3 months 0 0 0.00 3 months to 1 year 12 96 3.70 1 year 15 120 4.62 2 to 5 years 17 136 5.23 B. Accrual Table
PTO Accrual Schedule. Employees in a budgeted position of Twenty Four (24) or more hours will accrue PTO based on budgeted hours. Employees with budgeted hours less than twenty-four (24) hours per week are not eligible for Paid Time Off. The total annual accrual of PTO hours for employees in forty (40) budgeted hour positions is as follows, the accrual for employees for less than forty (40) but twenty-four (24) or more budgeted hours will be prorated based on budgeted hours: Combined Annual PTO Accrual Years of Service Annual Hours Less than 5 200 5 – 10.99 240 11 – 20.99 264 21+ 288 The new PTO accruals will start with the first pay period of 2021, which begins on December 20, 2020. These accruals will be reflected in the first paycheck of 2021.
PTO Accrual Schedule. Full-time salaried and hourly employees shall accrue PTO time based on length of service to the company, as follows: Mission Systems PTO Schedule Years Total annual PTO hrs PTOaccrual rate (hrs perweek) Maximum PTO bank hours (accrual cap) < 1 120 2.31 NA 1-4 136 2.62 272 5-9 152 2.93 304 10-14 168 3.24 336 15-19 184 3.54 368 20-24 200 3.85 400 25+ 216 4.16 432

Related to PTO Accrual Schedule

  • Accrual Schedule The combined accrual schedule is as follows: Completion of Full-Time/pay period Part-Time 1-2 years 4.92 hours .0615 hrs/hr 3 years 5.544 hours .0693 hrs/hr 4-5 years 7.376 hours .0922 hrs/hr 6-7 years 7.696 hours .0962 hrs/hr 8-9 years 8.000 hours .1000 hrs/hr 10-11 years 8.304 hours .1038 hrs/hr 12+ years 8.92 hours .1115 hrs/hr

  • Vacation Accrual Rates Laid off employees who are re-employed shall have the vacation accrual rate they held immediately prior to layoff restored.

  • Salary Schedules (a) The salary schedules shall be incorporated into this Agreement as Appendix V.

  • Salary Schedule The salaries of Employees covered by this Agreement are set forth in the salary schedule in Appendix B which is attached to and incorporated into this Agreement.

  • Benefit Accrual For purposes of accrual of benefits, a regular biweekly pay period consists of eighty (80) hours.

  • Accrual Rates All eligible employees shall accrue vacation pay according to the following rates:

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