Common use of Time Off Administration of Accrual Clause in Contracts

Time Off Administration of Accrual. Maximum (PTO): When an employee is within two pay periods of exceeding their accrual maximum, management shall, at its option, schedule the employee for time off or pay hours at base rate of pay in lieu of time off.

Time Off Administration of Accrual. Maximum (PTO): ) When an employee is within two (2) pay periods of exceeding their accrual maximum, management shall, at its option, schedule the employee for time off or pay off. Employees will receive cash for any additional accruals over four hundred (400) hours at the hourly base rate of pay in lieu of time offrate.