Paid Time Off
PTO combines vacation, sick and personal time under one bank of leave. Eligible employees accrue PTO as follows:
- Full-time: PTO accrues based on scheduled hours up to a maximum of 80 hours per pay period.
Accrual Schedule for Non-Exempt Employees
| Non-Exempt Employees | ||
|---|---|---|
| Years of Service | Accrual* | Maximum Accrual* |
| Less than 2 | 15 days/year, 4.62 hours/bi-weekly pay/120 hours annually | 15 days/year, 120 hours |
| 3 to 5 | 20 days/year, 6.16 hours/bi-weekly pay/160 hours annually | 20 days/year 160 hours |
| 6 to 10 | 25 days/year, 7.7 hours/bi-weekly pay/200 hours annually | 25 days/year 200 hours |
| 11 or more | 31 days/year, 9.54 hours/bi-weekly pay/248 hours annually | 31 days/year 248 hours |
*Based on a 40-hour work-week
Accrual Schedule for Exempt Employees
| Exempt Employees | ||
|---|---|---|
| Years of Service | Accrual* | Maximum Accrual* |
| Less than 2 | 20 days/year, 6.16 hours/bi-weekly pay/160 hours annually | 20 days/year, 160 hours |
| 3 to 5 | 26 days/year, 8.0 hours/bi-weekly pay/208 hours annually | 26 days/year, 208 hours |
| 6 to 10 | 30 days/year, 9.23 hours/bi-weekly pay/240 hours annually | 30 days/year, 240 hours |
| 11 or more | 32 days/year, 9.85 hours/bi-weekly pay/256 hours annually | 32 days/year 256 hours |
*Based on a 40-hour work-week
Notes:
- Maximum accrual for full-time and part-time employees is based on the 80 hours per pay period maximum. Even if you are scheduled to work less, your maximum accrual is based on 80 hours per pay period maximum.
- You can carry over the maximum accrual amount year to year, but you won’t begin accruing more PTO until time is used.
- Upon termination, PTO balance is paid out at 50%.
Accrual Schedule for Directors & Above
All incentive-eligible employees who hold the position title “Director” or a title above are frontloaded 39 days of PTO each year, regardless of tenure. The seven paid company holidays are included in these 39 days of PTO.
Unused PTO is not paid out upon termination and expires at the end of the year. On January 1, your frontloaded PTO balance resets to 39 days.