PTO Cash Out Option. During a designated time frame each year that is consistent with the policy for other employees of the Hospital, employees with a PTO balance equal to or greater than 200 hours may choose to cash out up to forty (40) hours of their PTO balance, provided that their balance does not drop below 200 hours.
Appears in 4 contracts
Samples: Collective Bargaining Agreement, Collective Bargaining Agreement, Union Representation Agreement
PTO Cash Out Option. During a designated time frame each year that is consistent with the policy for other employees of the Hospital, employees with a PTO balance equal to or greater than 200 hours may choose to cash out up to forty (40) hours of their PTO balance, provided that their balance does not drop below 200 forty (40) hours.
10.7.1 10.8.1 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 eight (8) hours in their bank.
Appears in 1 contract
Samples: Collective Bargaining Agreement
