Paid Time Off (PTO) for US |
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| Purpose To provide regular part-time and regular full-time associates with time off to be used for leisure, illness, vacation, personal business or staying home to care for a sick family member. |
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| Eligibility Regular part-time (20 to 31 hours per week) and full-time associates (32 or more hours per week). |
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| Accrual of PTO Regular Full-time associates accrue PTO hours each pay period based on years of service, following the schedule below. Regular Part-time associates accrue at one-half the full time rate. Accrual of PTO hours begins on the associates hire date. There is no waiting period for new hires. |
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| Accrual Schedule
Associates will be credited with their accrued hours each pay period. When associates reach their 5th, 10th, or 20th anniversary with the company, the accrual rate will increase according to the schedule above in the pay cycle within which the anniversary falls. For example, if your hire date is 7/20/02, your PTO accrual will increase to the next level within the pay cycle of your 5th anniversary, or 7/20/07. |
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| Use of PTO Associates choose how to use their paid time off and must coordinate all time off with their managers to ensure business needs are met. Your manager must approve your time away and may ask you to reschedule to meet business demands. Guidelines for the use of PTO are as follows:
When a company holiday falls
within the period of your PTO, it will be paid according to our holiday
policy. |
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| PTO Carryover Beginning January 1, 2004, eFunds will allow carryover of PTO from one calendar year to the next. Associates may carry up to five (5) PTO days into the following calendar year. These carryover days must be used by the end of March in the new year or they will be forfeited. |
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| Termination If employment is terminated and a negative PTO balance exists, the corresponding amount will be deducted, as permitted under applicable law, from an associates last paycheck. If an associate has a positive PTO balance, PTO will be paid out. Associates will be credited with accrual hours for their last pay period if the full pay period is worked. |
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| Leave of Absence Paid time off will continue to accrue during the first 30 calendar days of a leave of absence, including STD. After 30 days, PTO will not accrue until the associate returns to work on a full-schedule basis. If the leave of absence is greater than three months, when an associate returns to active work, s/he will not receive credit for the time off in excess of three months when years of service are calculated. |
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| PTO and Other Paid Time Off
Programs PTO time may be combined with other paid time policies including military, jury duty, holiday, and bereavement pay. |
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| Procedure Exempt PTO requests are to be forwarded to the manager for approval and then included on the Exempt PTO Department Summary sheet that managers submit to payroll monthly. Non-exempt PTO requests are to be submitted to the manager (NOT PAYROLL) to include on the timesheets or electronic time files. Request forms for both non-exempt and exempt can be found under the Forms link in eServe. |
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| If you have any questions on
any of these policies, please contact your HR representative. |