PTO Allowance Sample Clauses

PTO Allowance. Length of Service From Hire Date PTO Allowance Approximate Accrual Rate Per Pay Period Maximum AllowedUnused PTO Balance Maximum Allowed Combined Unused Annual Leave and PTO Balance for Employees Who Convert to the Modified Benefit Option From hire date through 10,400 service hours 180 hours 6.92 hours 270 hours 320 hours* Over 10,400 service hours 216 hours 8.31 hours 324 hours 404 hours* *The employee’s maximum allowed PTO balance may not exceed 270 and 324 hours, as applicable.
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PTO Allowance. ‌ For employee hired on or after February 7, 2017, PTO rates will be based on years ofservice and actual hours paid as follows: Bargaining Unit Paid Time Off Service Required Earned 1st through 2nd years 5.0% of hours paid 3rd through 5th years 6.0% of hours paid 6th through 10th years 7.0% of hours paid 11th through 14th years 8.0% of hours paid15th and subsequent years 9.0% of hours paid Each employee hired prior to February 7, 2017, will continue to accrue PTO at theemployee’s rate in effect February 7, 2017, or the rate set forth in the table above, whichever is higher. Employees can accrue unused PTO to a maximum capped at 200 hours.
Sample 1

Related to PTO Allowance

  • CAR ALLOWANCE The Company shall provide the Executive an automobile allowance of $750 per month during the term of Executive’s employment hereunder.

  • Per Diem Allowance A per diem allowance of seven dollars and thirty-five cents ($7.35) may be claimed for each twenty-four (24) hour period while away from home.

  • Meal Allowance A shift worker who works a qualifying shift of eight hours or the rostered shift, whichever is the greater, and who is required to work more than one hour beyond the end of the shift (excluding any break for a meal) shall be paid a meal allowance of $7.95, or, at the option of the employer, be provided with a meal.

  • Shoe Allowance The Employer will provide reimbursement to full time employees who have completed probation and who are employed in the kitchen and stewarding departments, once per year in the amount of $60.00 and once every two years in the amount of $60.00 for maintenance and banquet housepersons. The amount shall increase to $75, effective January 1, 2007. Employees will receive said amount as long as the shoes are approved by the employer and as long as the shoes are worn on the job. Payment will be made on or about July 1 upon presentation of proof of purchase.

  • Vacation Allowance Employees in permanent positions are entitled to vacation with pay. Accrual is based upon straight time hours of working time per calendar month of service and begins on the date of appointment to a permanent position. Increased accruals begin on the first of the month following the month in which the employee qualifies. Accrual for portions of a month shall be in minimum amounts of one (1) hour calculated on the same basis as for partial month compensation pursuant to Section 5.6 of this MOU. Vacation credits may be taken in one (1) minute increments but may not be taken during the first six (6) months of employment (not necessarily synonymous with probationary status) except where sick leave has been exhausted; and none shall be allowed in excess of actual accrual at the time vacation is taken.

  • Tool Allowance (a) A tool allowance as set in the relevant Wage Tables in Appendix A per week shall be paid for all purposes to:-

  • Annual Allowance The Corporation shall pay to the Executive, in cash, in a lump sum, on the Payment Date an amount equal to two times the annual allowance to which the Executive is entitled as of the date of the Date of Termination (or, if higher, as of immediately prior to the Effective Date).

  • 000 VACATION ALLOWANCE 19.100 Vacation Pay will be in accordance with vacation pay rates established in the attached Maintenance Wage, Benefit and Overtime Schedule.

  • Travel Allowance 15. First Aid Allowance

  • Footwear Allowance The Company will reimburse full-time employees up to fifty ($50.00) dollars per year toward the cost of footwear upon presentation of a receipt. Eligible employees will receive reimbursement for footwear upon completion of six (6) months' service. Once employees have received the footwear allowance, they must wear such footwear during work hours.

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