PTO (Paid Time Off) Sample Clauses

PTO (Paid Time Off). Executive may take up to four (4) weeks of paid PTO in each calendar year at in accordance with the terms and conditions of such PTO policies generally applicable to Company's executive employees.
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PTO (Paid Time Off). Hours means the paid time allocated and available to Employees to be used for Absences under the terms and conditions of this Policy.
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PTO (Paid Time Off). For each Post-Graduate Year of training, Resident will have available twenty (20) weekdays (Monday – Friday) defined as four weeks with contiguous weekends not to exceed a total of twenty-eight (28) days. PTO may not be taken in more than six (6) segments during each academic year Term or as approved by each Program Director or their designee. PTO is available for any reason except for days off resulting from a work-related injury or illness or short-term or long-term disability, to which certain THR policies apply. Examples of PTO include vacation, non-work-related illness, illness of a dependent, bereavement, maternity/paternity leave, holiday, and job/fellowship interviews. Unused PTO for each PGY level of training year will be forfeited, not rolled over or paid out. It is understood that the Resident is not eligible for the THR PTO program and instead will be provided with PTO as provided above. Residents are not eligible for separation pay.
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PTO (Paid Time Off). PTO shall be awarded on the employees’ anniversary dates. An employee may carry over PTO from year-to- year or may be paid for any or all accrued PTO at any time. New employees who average at least 30 hours per week (as defined herein) during their first six months of employment shall receive one paid personal day on their six-month anniversary to be used or paid out prior to the employee’s one-year anniversary. Full time employees (employees who average 30 hours of work per week over the past calendar year) shall accrue PTO as follows*: 6 months 1 day 0 1 year 3 days 2 3 years 5 days 5 5 years 7 days 3 8 years and more 8 days 2 10 years and more 10 days 3 The Employer in determining PTO schedules will respect seniority and the wishes of employees. The Employer shall respond in writing within 48 hours to employee requests for paid time off made five (5) days in advance. This will not prevent employees from requesting paid time off with less than five (5) days’ notice. Part time employees who average between 15 hours per week and 30 hours per week over the past calendar year with six (6) months of continuous service shall be eligible for ½ of the above number of personal days with each full day representing 8 hours of paid personal time off and each ½ day representing 4 hours of paid personal time off. For purposes of calculating the 30 hours of work per week in the past calendar year, work hours missed due to an approved absence under the terms of this agreement, including approved medical leave, bereavement leave, Union leave, jury duty leave, Family and Medical Leave or use of accrued paid personal time off, shall not count as hours of work missed nor shall it count as hours worked for the purposes of computing an employee’s eligibility for paid time off. For example, if an employee actually worked 1800 hours in a calendar year and none of the employee's time off was excused for any of the reasons set forth above, for the purpose of computing employee eligibility for paid time off, this employee would have averaged 34.62 hours of work (1800 hours/52 weeks). If the employee worked 1800 hours but took 40 hours of time off (1 week) for paid time off and 160 hours (4 weeks) was time off on Family Medical Leave and 200 hours was unexcused time off, for the purpose of computing eligibility for time off, the employee would have averaged 38.30 hour of work for the year (1800 hours/47 weeks (as 5 weeks of the 52 weeks were excused time off)). If an employee is sc...
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PTO (Paid Time Off). A. Employees who have at least one (1) year total service credit at the airport in the window cleaner classification shall be entitled to 152 hours of PTO. Employees who have total service credit at the airport in the window cleaner classification for a period of five (5) years or more shall be entitled to 192 hours of PTO. B. This PTO entitlement will be accrued on a monthly basis. However, only employees with more than one year service will be allowed to schedule PTO time off. C. Any employee who is laid off, terminated or who resigns is entitled to prorated PTO pay as follows: EXAMPLE: 6 months = 6 /12ths of his/her PTO pay. D. The PTO pay shall be paid at the employee’s current rate of pay, to the employee upon the date of layoff, termination or resignation. E. Employees will be eligible to roll over up to 40 hours PTO each anniversary year. This means that in no anniversary year an employee will have more than one week in excess of those accrued for that year. F. Employees shall be solicited during December of each year for their PTO preferences for the coming year. Such PTO requests shall be granted on the basis of seniority. The Employer shall post all approved PTOs by January 15th. Any request submitted after December will be considered by date of request. The Employer will not deny PTO request unless necessary for legitimate operational reasons. At the conclusion of the PTO period, the employee will return to his / her normal weekly schedule and assignment. G. The last hiring date of the individual employee shall determine his/her eligibility for PTO. PTO shall be taken at any time after the employee's anniversary hiring date, but prior to his/her next anniversary hiring date, unless prevented by extenuating operational circumstances. In such cases, the employee will be allowed to carry over, the unused PTO. H. Employees shall receive their PTO pay on the regular payday following when PTO is taken, unless there is agreement otherwise between the Employer and the employee. Unless prevented by extenuating operational circumstances, PTO must be taken in the year following when it is earned. I. Whenever a holiday falls during an employee’s PTO period and such holiday would be paid to the employee in the event he/she was not on PTO at the time it occurred, the employee will be given an additional day of PTO with pay.
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PTO (Paid Time Off). Section 1. PTO under this Article becomes effective April 1, 2003. Vacation time accrued as of April 1, 2003 will be converted to a paid time off (PTO) bank as set forth in this Agreement. Sick time accrued as of April 1, 2003 will be available to employees to use as sick time except as otherwise modified by this Agreement and sick time will not continue to accrue. PTO is earned and may be used after the completion of one month of service. PTO may be used for any reason, but is subject to pre-approval by the supervisor except in the case of illness. IHB reserves the right to deny requests for PTO based on the demands and business necessity of each department and to create/implement and administer reasonable scheduling procedures for use of PTO. Requests will be granted wherever possible, but the Employer has an obligation to be staffed sufficiently to meet the needs of clients. Section 2. Employees may elect, twice annually, to receive a portion of their annual accrual in cash rather than paid time off, with a maximum of 2 weeks payout per calendar year. Employees under the classifications of MD, DDS, and NP can cash out up to a total of 160 hours per year and requests can be made up to four times per year. Section 3. The maximum accrual for any level of PTO is 160 hours. If PTO is accrued when an employee is at 160 hours it will be deposited into a sick bank. Sick time will be capped at 480 hours. Sick bank is defined as hours to be used for illness of an employee or immediate family member (parent, child, spouse, grandchild), scheduled medical leave or maternity leave.
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PTO (Paid Time Off). PTO shall be awarded on the employees’ anniversary dates. An employee may carry over PTO from year-to- year or may be paid for any or all accrued PTO at any time. New employees who average at least 30 hours per week (as defined herein) during their first six months of employment shall receive one paid personal day on their six-month anniversary to be used or paid out prior to the employee’s one-year anniversary. Full time employees (employees who average 30 hours of work per week over the past calendar year) shall accrue PTO as follows*: YEARS OF SERVICE PTO days Unpaid days 90 days 3 days*** 6 months 1 day 0 1 year 5 days 2 3 year 6 days 5 5 years 8 days 3 8 years 9 days 2 10 years 12 days 2 13 years 13 days 2 16 years 14 days 2
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PTO (Paid Time Off). Executive shall be entitled to twenty-five (25) PTO days per year during the Term and any accrual of PTO shall terminate upon termination of Executive’s employment. PTO days taken during the Term shall be charged to Executive’s then accrued PTO. In no event shall any unused PTO carry over from year-to-year. For purposes of this Paragraph, weekends shall not count as PTO days, and Executive shall also be entitled to all paid holidays given by the Company to its senior executive officers.
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Related to PTO (Paid Time Off)

  • Paid Time Off The Executive shall be entitled to take paid time off in accordance with the Company’s applicable paid time off policy for executives, as may be in effect from time to time.

  • Vacation; Paid Time Off During the Employment Term, the Executive shall be entitled to paid vacation in accordance with the Company’s vacation policies, as in effect from time to time. The Executive shall receive other paid time-off in accordance with applicable law and the Company’s policies for executive officers as such policies may exist from time to time.

  • Paid Time Off (PTO) During the Term, Executive shall be entitled to paid time off in accordance with Company’s policy in place from time to time; provided, however, that Executive shall be eligible to accrue no less than twenty (20) days per calendar year (with such amount prorated for the balance of 2017).

  • Vacation and Paid Time Off The Executive shall be entitled to vacation and paid time off in accordance with the standard policies of the Company for executives as in effect from time to time.

  • Time Off The company recognises that sufficient time off to attend to personal matters and for recreation are important to the employee’s wellbeing, job satisfaction and overall productivity. Accordingly, time off may be taken with the consent of the Company, which shall not be unreasonably withheld. In considering the approval to have time off, the Parties will have regard to the current works programme and the urgency of the reason for time off. In the event that time off is to be taken, it will be the employee’s obligation to advise the Company in advance or as soon as practicable on the day of absence, recognising that unplanned absences can cause costly disruption to programmed works and are a major source of annoyance for the company, other employees and clients. The object of offering flexible working hours is that in return employees will take very seriously their obligation to turn up when they are expected. In view of the disruption caused by unplanned and or notified absenteeism, repeated failure to observe the protocol for time off would constitute misconduct.

  • Accrued Salary and Paid Time Off On the Separation Date, the Company will pay you all accrued salary, and all accrued and unused vacation earned through the Separation Date, subject to standard payroll deductions and withholdings. You are entitled to these payments by law.

  • Prime Time Vacation Period Subject to the provisions of this article, it is the intent of the parties that no employee will be restricted in the time of year they choose to take their vacation. The Employer will make every effort to allow employees to take their vacation during the period of April 15th to October 15th inclusive, which will be defined as the prime time vacation period.

  • Personal Time Off Executive shall be entitled to paid time off in accordance with the Company’s policies applicable to executives.

  • Paid Sick Leave For those jurisdictions that have passed or will pass legislation requiring Paid Sick Leave, Paid Sick Time will be billed back to Client at the straight-time bill rate for all hours taken by any Consultant assigned to Client. This section is not applicable until the effective date of such legislation has been reached.

  • Compensatory Time Off Utilization of compensatory time off shall be by mutual agreement between the department head and the employee. The smallest increment of compensatory time which may be taken off is six (6) minutes.

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