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- Category: Benefits
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Paid Time Off – PTO & Paid Holidays Summary 2024
|
Tenure |
Days PTO Per Yr |
Hrs PTO Per Yr |
Acru. Hrs Per PRoll |
Paid Holidays |
Approved Un-Paid Time Off |
|
Hire-30 days |
0 |
NA - 0 |
NA - 0 |
NA - 0 |
5 days |
|
Part time |
0 |
NA - 0 |
NA - 0 |
NA - 0 |
10 days* |
|
FullTime Days/Years completed | PTO + HOL + UNPD = Days Combined |
|||||
|
30 Day - 1yr |
7 Days / Yr |
56 Hrs / Yr |
2.15 Hrs / PRoll |
7 Days / Yr |
10 days (24 days Combined) |
|
1 yr |
8 Days / Yr |
64 Hrs / Yr |
2.46 Hrs / PRoll |
7 Days / Yr |
10 days (25 days Combined) |
|
2 yr |
9 Days / Yr |
72 Hrs / Yr |
2.77 Hrs / PRoll |
7 Days / Yr |
10 days (26 days Combined) |
|
3 yr |
10 Days / Yr |
80 Hrs / Yr |
3.08 Hrs / PRoll |
7 Days / Yr |
10 days (27 days Combined) |
|
4 yr |
11 Days / Yr |
88 Hrs / Yr |
3.38 Hrs / PRoll |
7 Days / Yr |
9 days (27 days Combined) |
|
5 yr |
12 Days / Yr |
96 Hrs / Yr |
3.69 Hrs / PRoll |
7 Days / Yr |
8 days (27 days Combined) |
|
6 yr |
13 Days / Yr |
104 Hrs / Yr |
4.00 Hrs / PRoll |
7 Days / Yr |
7 days (27 days Combined) |
|
7 yr |
14 Days / Yr |
112 Hrs / Yr |
4.31 Hrs / PRoll |
7 Days / Yr |
7 days (28 days Combined) |
|
8 yr |
15 Days / Yr |
120 Hrs / Yr |
4.62 Hrs / PRoll |
7 Days / Yr |
7 days (29 days Combined) |
|
9 yr |
16 Days / Yr |
128 Hrs / Yr |
4.92 Hrs / PRoll |
7 Days / Yr |
7 days (30 days Combined) |
|
10 yr |
17 Days / Yr |
136 Hrs / Yr |
5.23 Hrs / PRoll |
7 Days / Yr |
7 days (31 days Combined) |
|
11 yr |
18 Days / Yr |
144 Hrs / Yr |
5.54 Hrs / PRoll |
7 Days / Yr |
7 days (32 days Combined) |
|
12 yr |
19 Days / Yr |
152 Hrs / Yr |
5.85 Hrs / PRoll |
7 Days / Yr |
7 days (33 days Combined) |
|
13 yr+ |
20 Days / Yr |
160 Hrs / Yr |
6.15 Hrs / PRoll |
7 Days / Yr |
7 days (34 days Combined) |
Regular Full-Time Employees are eligible to earn Paid Time Off (PTO) & Paid Holidays. Full Time Employees must maintain a minimum of 30 hours worked per week to remain eligible for PTO & Paid Holidays. Eligible Tenure is calculated on the basis of a "Benefit Year." A 12-month period calculated from the Employee’s Hire Date. Switching from Part Time to Full Time would be calculated based on the Total Hours Worked for an Adjusted Hire Date.
Paid Holidays / RMWP Closures (7 Paid Holidays @ 8 Hrs = 56 Hours)
|
· New Year's Day (Jan 1) Paid · Memorial Day (last Mon in May) Paid · Independence Day (July 4) Paid · July 5 – RMWP Closed Un-Paid · Pioneer Day (July 24) Paid |
· Labor Day (first Mon in Sept) Paid · Thanksgiving Paid · Black Friday – RMWP Closed Un-Paid · Christmas (Dec 25) Paid · December 26 – RMWP Closed Un-Paid |
Employees may Rollover Un-Used PTO to the Max Limit of 120 hours PTO from one year to the next. Any PTO accrued beyond the max limit will be forfeited at end of the calendar year. Hrs paid at standard pay rate PRate when used.
Ex1: PRate $18.50 x 56 hrs PTO = $ 1036.00 + $18.50 x 56 hrs Hol = $ 1036.00 => $ 2016.00 => $1.00 Per Hr Benefit
Ex2: PRate $23.00 x 80 hrs PTO = $ 1840.00 + $23.00 x 56 hrs Hol = $ 1288.00 => $ 3128.00 => $1.50 Per Hr Benefit
