Accrued Paid Time Off – effective July 1, 2014
Earlier this year, we introduced a new employee benefit program (Education Reimbursement). It has been very well received, with many of you already having taken advantage of it. We now announce a new benefit: Paid-Time-Off (PTO):
Highlights:
• All NWCS FTEs, after 30 days employment
• PTO hours accrue each pay period
• 64 hours per year
• Carryover into new calendar year: up to 64 hours
• For those eligible, the first accrued hours will appear on your August 5th, 2014 payroll summary.
NWCS believes that employees should have opportunities to enjoy time away from work. We also recognize that employees have diverse needs for time off from work. We have established this paid time off (PTO) policy to help meet those needs. Accrued PTO hours may be used for vacation, personal time, illness or time off to care for dependents. Employees must schedule their PTO and obtain approval from their supervisor in advance, except in cases of illness or emergency. The benefits of PTO are that it promotes a flexible approach to time off. Employees are accountable and responsible for managing their own PTO hours to allow for adequate reserves if there is a need to cover vacation, illness or disability, appointments, emergencies or other needs that require time off from work. Details will be forthcoming in the updated Employee Policy Manual later this month.