Accumulation of Paid Time Off Clause Samples

The Accumulation of Paid Time Off clause defines how employees earn and retain paid leave over time. Typically, this clause outlines the rate at which paid time off (PTO) accrues based on factors such as length of service or hours worked, and may set limits on the maximum amount of PTO that can be carried over from one year to the next. Its core function is to provide clear guidelines for both employees and employers regarding the earning, usage, and retention of paid leave, thereby preventing misunderstandings and ensuring fair and consistent application of PTO policies.
Accumulation of Paid Time Off. Paid time off must be utilized within one (1) year after the employee’s anniversary date, except that a maximum number of days may be carried over to the next year on any anniversary date as reflected in Section 2.
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Accumulation of Paid Time Off. Full-time employees initially shall earn and accumulate Paid Time Off at the rate of 6.5 hours per biweekly pay period of paid employment up to a maximum accumulation of eight hundred (800) hours. After five (5) years of continuous service (Seniority), Full-time employees shall begin to, and thereafter shall, earn and accumulate Paid Time Off at the rate of 8.75 hours per biweekly pay period of paid employment up to a maximum accumulation of one thousand forty (1040) hours. After fifteen (15) years of continuous service, Full-time employees shall begin to, and thereafter shall, earn and accumulate Paid Time Off at the rate of 10.50 hours per biweekly pay period of paid employment up to a maximum accumulation of one thousand two hundred forty (1240) hours. After twenty-five (25) years of continuous service, Full-time employees shall begin to, and thereafter shall, earn and accumulate Paid Time Off at the rate of 11.50 hours per biweekly pay period of paid employment up to a maximum accumulation of one thousand four hundred forty (1440) hours. Part-time employees will accrue Paid Time Off and have a maximum accumulation at half the Full-time rate. For purposes of Paid Time Off accrual progression years of service shall only include time spent in Part- time and Full-time classifications. Employees who receive no wages or Paid Time Off from the District for an entire biweekly pay period will not accrue Paid Time Off for that pay period. 0 up to 5 6.50 hours 100 days (800 hrs) 5 up to 15 8.75 hours 130 days (1040 hrs) 15 up to 25 10.50 hours 155 days (1240 hrs) 25 and over 11.50 hours 180 days (1440 hrs)
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Accumulation of Paid Time Off. Employees may accumulate PTO up to a -maximum limit of 380 hours. Years of Service Maximum Limit 0 through 6 300 hours 7 through 12 360 hours 13 + years 380 hours Upon reaching the maximum limit, employees must make arrangements to reduce their account of PTO by a minimum of 10% of the hours in the account. Employees may accomplish this reduction by either taking PTO or exercising their "sell-back" option (see paragraph F.). Additional PTO shall not be accumulated in the employee's account until the account has been reduced by the minimum amount specified.
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Accumulation of Paid Time Off. Employees shall earn and accumulate Paid Time Off at the rate of 6.5 hours per biweekly pay period of paid employment up to a maximum accumulation of one hundred (100) days. After five (5) years of continuous service (Seniority), employees shall begin to, and thereafter shall, earn and accumulate Paid Time Off at the rate of 8.75 hours per biweekly pay period of paid employment up to a maximum accumulation of one hundred thirty (130) days. After fifteen (15) years of continuous service, employees shall begin to, and thereafter shall, earn and accumulate Paid Time Off at the rate of 10.50 hours per biweekly pay period of paid employment up to a maximum accumulation of one hundred fifty-five (155) days. After twenty- five (25) years of continuous service, employees shall begin to, and thereafter shall, earn and accumulate Paid Time Off at the rate of 11.50 hours per biweekly pay period of paid employment up to a maximum accumulation of one hundred eighty (180) days. Employees who receive no wages or Paid Time Off from the District for an entire biweekly pay period or who has been on leave in excess of seventy (70) days will not accrue Paid Time Off for that pay period. 0 up to 5 6.50 hours 100 days (800 hrs) 5 up to 15 8.75 hours 130 days (1040 hrs) 15 up to 25 10.50 hours 155 days (1240 hrs) 25 and over 11.50 hours 180 days (1440 hrs)
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Accumulation of Paid Time Off a. PTO Schedule: Length Of PTO Hours ESL Hours Approximate Service Accrued Per Accrued Per Total Combined Pay Period Pay Period Hours Per Pay Period During 1st Yr. 8.31 hrs. 1.54 hrs. 9.85 hrs. During 2nd - 4th 9.85 hrs. 1.54 hrs. 11.39 hrs. During 5th - 9th 1 1.39 hrs. 1.54 hrs. 12.93 hrs. During 10th + 12.93 hrs. 1.54 hrs. 14.47 hrs.
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Accumulation of Paid Time Off. Paid time off is capped at 480 hours for full-time employees and 240 hours for part-time employees. Employees will stop earning paid time off once they have reached the cap. Bank 4 days in 1999 and 5 days in 2000 to be used as follows: 1. To supplement injury or illness that meets the short-term disability eligibility requirements; adoption or illness of a spouse or child which medically/legally necessitates and a minimum of two (2) weeks off. 2. To be utilized only in the event PTO has been exhausted; 3. Banked time may be utilized to meet the eight (8) day eligibility requirement or to supplement the differential between short-term disability and an employees regular take home pay at the time of injury or illness; 4. Accumulation capped at nine (9) days; 5. No payoff on termination.
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Accumulation of Paid Time Off. Paid time off must be utilized within one (1) year after the employee’s anniversary date, except that a maximum number of days may be carried over to the next year on any anniversary date as reflected in Section 2. Paid time off granted for Saturday holidays may be carried over to the next year and are in addition to the leave days which may be carried over per Section 2. above. Bank 4 days in 1999 and 5 days in 2000 to be used as follows: a. To supplement injury or illness that meets the short-term disability eligibility requirements; adoption or illness of a spouse or child which medically/legally necessitates a minimum of two (2) weeks off. b. To be utilized only in the event PTO and banked sick leave have been exhausted; c. Banked time may be utilized to meet the eight (8) day eligibility requirement or to supplement the differential between short-term disability and an employees regular take home pay at the time of injury or illness; d. Accumulation capped at nine (9) days; e. No payoff on termination.
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Accumulation of Paid Time Off. Full-time employees initially shall earn and accumulate Paid Time Off at the rate of 6 .5 hours per biweekly pay period of paid employment up to a maximum accumulation of eight hundred (800) hours . After five (5) years of continuous service (Seniority), full-time employees shall begin to, and thereafter shall, earn and accumulate Paid Time Off at the rate of 8 .75 hours per biweekly pay period of paid employment up to a maximum accumulation of one thousand forty (1040) hours . After fifteen (15) years of continuous service, full- time employees shall begin to, and thereafter shall, earn and accumulate Paid Time Off at the rate of 10 .50 hours per biweekly pay period of paid employment up to a maximum accumulation of one thousand two hundred forty (1240) hours . After twenty-five (25) years of continuous service, full-time employees shall begin to, and thereafter shall, earn and accumulate Paid Time Off at the rate of 11 .50 hours per biweekly pay period of paid employment up to a maximum accumulation of one thousand four hundred forty (1440) hours . Part-time employees will accrue PTO and have a maximum accumulation at half the full-time rate . For purposes of PTO accrual progression years of service shall only include time spent in Part-time and Full-time classifications . Employees who receive no wages or Paid Time Off from the District for an entire biweekly pay period will not accrue Paid Time Off for that pay period . Years of Service Biweekly Accrual Max Accumulation 0 up to 5 6.50 hours 100 days (800 hrs) 5 up to 15 8.75 hours 130 days (1040 hrs) 15 up to 25 10.50 hours 155 days (1240 hrs) 25 and over 11.50 hours 180 days (1440 hrs)
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Related to Accumulation of Paid Time Off

  • Accumulation of Vacation Leave For each month of a fiscal year in which an employee receives ten (10) days pay, he shall earn vacation leave at the following rates:

  • 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.

  • Accumulation of Vacation Leave Credits An employee shall earn vacation leave credits for each calendar month during which the employee receives pay for at least ten (10) days at the following rate:

  • Vacation Accumulation (a) Vacations are not cumulative from year to year. (b) Notwithstanding the above, the Employer may grant a special request from an employee to carryover a maximum of five (5) vacation days into the next year. The employee shall specify in her request to the Employer the purpose for which she is seeking the carryover. (c) During the first year of employment, a full time employee with at least six

  • Vacation; Paid Time Off During the Employment Term, the Executive shall be entitled to fifteen (15) paid vacation days per calendar year (prorated for partial years) in accordance with the Company’s vacation policies, as in effect from time to time that is at least as favorable as that provided to other similarly situated executives of the Company. The Executive shall receive other paid time-off in accordance with the Company’s policies for executive officers as such policies may exist from time to time.