Common use of PTO Cash Out Option Clause in Contracts

PTO Cash Out Option. During February and August of each year, employees with a PTO balance greater than eighty (80) hours may choose to cash out up to forty (40) hours of their PTO balance such that their balance does not drop below eighty (80) hours.

Appears in 7 contracts

Samples: Employment Agreement, Collective Bargaining Agreement, Collective Bargaining Agreement

AutoNDA by SimpleDocs

PTO Cash Out Option. During February and August of each year, employees nurses with a PTO balance greater than eighty (80) hours may choose to cash out up to forty (40) hours of their PTO balance such that their balance does not drop below eighty (80) hours.

Appears in 7 contracts

Samples: Employment Agreement, Employment Agreement, Employment Agreement

PTO Cash Out Option. During February and August of each year, employees nurses with a PTO balance greater than eighty (80) hours may choose to cash out up to forty eighty (4080) hours of their PTO balance such that their balance does not drop below eighty (80) hours.

Appears in 5 contracts

Samples: Collective Bargaining Agreement, Employment Agreement, Employment Agreement

PTO Cash Out Option. During February and August October of each year, employees nurses with a PTO balance equal to or greater than eighty (80) 200 hours may choose to cash out up to forty (40) hours of their PTO balance such that their balance does not drop below eighty (80) 200 hours.

Appears in 1 contract

Samples: Collective Bargaining Agreement

PTO Cash Out Option. During February and August of each year, employees nurses with a PTO balance greater than eighty (80) hours may choose to cash out up to forty eighty (4080) hours of their PTO balance such that their balance does not drop below eighty (80) hours. 11.7.1 During November of each year, an additional cash out period shall be had but only PTO- WS may be cashed out. Employees must retain a minimum of 8 hours in their PTO-WS bank.

Appears in 1 contract

Samples: Collective Bargaining Agreement

AutoNDA by SimpleDocs

PTO Cash Out Option. During February and August October of each year, employees nurses with a PTO balance equal to or greater than eighty (80) 200 hours may choose to cash out up to forty eighty (4080) hours of their PTO balance such that their balance does not drop below eighty (80) 200 hours. 11.7.1 During November of each year, an additional cash out period shall be had but only PTO-WS may be cashed out. However, employees shall maintain a minimum of 8 hours in their bank.

Appears in 1 contract

Samples: Union Representation Agreement

PTO Cash Out Option. During February and August October of each year, employees nurses with a PTO balance equal to or greater than eighty (80) 200 hours may choose to cash out up to forty eighty (4080) hours of their PTO balance such that their balance does not drop below eighty (80) 200 hours. 11.7.1 PTO WS Cash Out. During November of each year, an additional cash out period shall be had but only PTO-WS may be cashed out. However, employees shall maintain a minimum of 8 hours in their bank.

Appears in 1 contract

Samples: Union Representation Agreement

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!