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PTO - Paid Time Off (All Employees)
PTO is awarded based on the number of hours worked.
For years 0-2 of service - PTO accrual is .0334 hour per hour worked
For years 2-5 of service - PTO accrual is .0434 hour per hour worked
For years 5+ of services - PTO accrual is .0666 hour per hour worked
For example: Hours worked in a Pay Period = 64
The calculation for an employee who has been employed 1.5 years would be:
.0334 x 64 = 2.14 hours of PTO accrued for the pay period.
Carryover date:
PTO carryover begins on employee's anniversary date.
PTO Max Carryover amount:
Minnesota/Arizona
Less than 2 years of employment = 48 hours
2 - 5 years of employment = 80 hours
5+ years of employment = 120 hours
California has no carryover limits
PTO Max Accrual:
PTO is maxed out according to the following schedule:
Minnesota/Arizona
Less than 2 years of employment = 48 hours
2 - 5 years of employment = 80 hours
5+ years of employment = 120 hours