Paid Time Off definition
Paid Time Off means sick days, personal days and vacation days.
Paid Time Off means Seller Employees’ accrued vacation, sick, holiday or other paid time off and related Taxes and other payroll obligations.
Paid Time Off means those vacation and holiday days for which the Employer pays employees for time not worked.
Examples of Paid Time Off in a sentence
Where applicable, this language shall be coordinated with Article 11B, Section 9, Paid Time Off, to ensure that no employee uses paid time off (PTO) hours and frozen sick leave hours totaling more than $2,000.00 per payroll year.
The employee requesting such extended bereavement leave shall be allowed to utilize any Paid Time Off that s/he has accrued and earned.
Employee shall accrue paid time off in accordance with the terms and conditions of the Company’s Paid Time Off Program, as stated in the Company’s Employee Handbook, and as may be modified from time to time.
Executive will be eligible for Paid Time Off in accordance with UnitedHealth Group’s policies.
Subject to the maximum accrual permitted under the Paid Time Off Program, Employee shall accrue paid time off at the rate of thirty (30) days per year.
More Definitions of Paid Time Off
Paid Time Off means compensated time away from work provided by an employer that the employee can choose to use for any reason, including, but not limited to, vacation, sickness, and personal time.
Paid Time Off. You will be eligible for 4 weeks of paid time off (PTO)/year (160 hours), which will accrue on a pro-rata basis beginning from your hire date and be may carried over from year to year. It is company policy that when your accrued PTO balance reaches 160 hours, you will cease accruing PTO until your accrued PTO balance is 120 hours or less – at which point you will again accrue PTO until you reach 160 hours. You are eligible to use PTO after completing 3 months of employment. In addition to paid time off, there are also 6 paid national holidays and 1 “floater” day available to you.
Paid Time Off. As set forth in Appendix B, attached hereto and incorporated herein by reference, Executive shall not be entitled to receive paid time off in accordance with the Company's paid time off policy; provided, however, Executive has the liberty and ability to take time off on a reasonable - as needed - basis, and is not required to record or track such time off.
Paid Time Off or “PTO” means accrued hours of paid leave provided by an employer for use by an employee. PTO may be provided through vacation, sick or safe leave, combined PTO, or other plans that permit employees to accrue paid leave and then use the leave in accordance with the employer plan. Employee must work more than 240 hours in a calendar year to qualify for this benefit.
Paid Time Off. Annual paid time off is provided as described in the “Compensation and Benefits” policy of the Consortium’s Graduate Medical Education Policies and Procedures Manual or in accordance with the attached Addendum, if applicable. All paid time off must be scheduled in accordance with Program policy. All paid time off must be approved by the Chief Resident and the Program Director or his/her designee. Paid time off is not cumulative from year to year. Resident will not be reimbursed for unused days for any reason. Use of the full annual allotment of paid time off will be subject to minimum attendance requirements specified by the various specialty boards. In specialties for which attendance requirements would prohibit use of the full paid time off allotment (with or without other absences from training), the paid time off allotment will be reduced to meet the requirements of the specialty board and the Program Director will inform all residents who are affected.
Paid Time Off. You are eligible to accrue 18 days of Paid Time Off during your first year of employment. Two days of PTO accrual are added for each year of service up to a maximum of 28 days per year. You may accumulate up to 40 days of banked PTO-time. In addition, in 2008, the company will be closed for 13 holidays including the days from December 24 to December 31.
Paid Time Off means any vacation, sick days, personal leave or other available paid absence from service to an Acquired Company.