Paid Time Off (PTO) & Holidays|
All full and part-time employees earn PTO hours that can be used for vacation, sickness, and personal time.
You accrue a certain number of hours every two weeks—the amount you accrue is based on your position, number of regularly scheduled hours, and number of years you have been employed by Unity Health System.
You are permitted to have up to 200 hours in your PTO bank at any given time, and may use hours as soon as you have accrued them—with your manager’s approval. In addition to PTO, Unity provides you with six paid holidays each year: New Year’s Day, Memorial Day, Independence Day, Labor Day, Thanksgiving, and Christmas. Holiday pay is prorated based on how many hours you are regularly scheduled to work.
Each Open Enrollment, you may sell up to a total of 120 hours of PTO in eight-hour increments. You must leave at least 40 hours in your PTO Bank.
You’ll be paid for the hours you sell according to what your base rate was in October, prior to enrollment, without shift differential. Your payment will be distributed over your 26 paychecks in 2013, and will be considered taxable income. On January 1, following Open Enrollment, the balance of hours in your PTO bank will reflect these changes.
Here are some other important things you should know about the PTO Sell Option:
- You must re-enroll each year.
- If you should voluntarily resign from Unity or reduce your hours below 20 hours/week, you will forfeit any remaining payments from the sale of your PTO hours.
- However, if you should lose your position involuntarily due to a workforce reduction, you will not lose your remaining payments.