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

• The timesheet should identify the: (a) grant, project or cost center being worked on; (b) number of hours worked on each; (c) description of work performed; and (d) Paid Time Off (PTO) hours.

• 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.

• The Paid Time Off (PTO) benefit program gives eligible employees time off from work for rest, recreation, illness, to care for a sick family member or other circumstances based on individual need.

• 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. 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 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 means vacation, sick leave and other personal leave time with respect to which Business Employees are entitled to be paid while not actively working.

Paid Time Off. (“PTO”) means a combined or universal paid leave program which can be used by an employee for the purposes stated in SMC 09.01.040(A) and which either accrues at the rate required by SMC 09.01.030(A) or is provided in the amounts required by SMC 09.01.030(B).