Common use of Conversion Formula Clause in Contracts

Conversion Formula. For an employee reassigned from a shift schedule to a 40-hour schedule, multiply the employee’s accumulated CTO times a conversion factor of .7547. For an employee reassigned from a 40- hour schedule to a shift schedule, multiply the employee’s accumulated CTO times a conversion factor of 1.325.

Conversion Formula. For an employee reassigned from a shift schedule to a 40-hour schedule, multiply the employee’s 's accumulated CTO times a conversion factor of .7547. For an employee reassigned from a 40- hour schedule to a shift schedule, multiply the employee’s 's accumulated CTO times a conversion factor of 1.325of1.325.