Common use of Voluntary PTO Sell-Back Clause in Contracts

Voluntary PTO Sell-Back. 1. Employees who have a PTO bank balance of more than eighty (80) hours may be eligible to request a “sell-back” of PTO once per year. Employees can only request hours that would reduce the balance to no less than eighty (80) hours in their PTO bank at the time of the request.

Voluntary PTO Sell-Back. 1. a. Employees who have a PTO bank balance of more than eighty (80) hours may be eligible to request a “sell-back” of PTO once per year. Employees can only request hours that would reduce the balance to no less than eighty (80) hours in their PTO bank at the time of the request.

Voluntary PTO Sell-Back. 1. (a) Employees who have a PTO bank balance of more than eighty (80) hours may be eligible to request a “sell-back” of PTO once per year. Employees can only request hours that would reduce the balance to no less than eighty (80) hours in their PTO bank at the time of the request.