Employment

PTO Policy

Paid Time Off (PTO) is given to all regular employees for relaxation, personal business and incidental illness.  (Co-ops, interns, seasonal and other temporary employees are not eligible for PTO.)  PTO is earned based on seniority and the number of hours for which the employee is paid, excluding pay for short-term or long-term disability or for time paid by Workers' Compensation.

It is strongly recommended that employees try to keep a minimum amount of PTO in their PTO bank for unexpected illnesses or absences.

PTO Accrual Schedule

The amount of annual PTO varies depending on the individual's position and the number of years of service with the firm. All new regular employees are eligible to accrue at least up to 120 hours per year in their first year. Manager and above positions are eligible to accrue more PTO during their first year of employment.
General Guidelines
1. PTO begins accruing as of the employee's first hour worked. 
2. Employees are eligible to use their PTO after three (3) months of employment.
3.  PTO may be taken in as little as 15-minute (.25 hour) increments.
4. Only PTO that has been accrued may be taken.
5. PTO will roll over into the next year, but once the maximum balance has been reached, PTO will not continue to accrue until some is used.
6. Employees may cash out PTO or transfer PTO into their separate bank each December. 
7. Time off for jury duty, Firm recognized holidays and/or for sitting for the CPA exam will not be counted as PTO.  Time off for bereavement leave or military duty will also not be counted as PTO unless the employee wishes to take more time off than the Firm offers under those benefits.
8. The Firm will make an effort to grant employees PTO when they desire to use it. Due to the seasonal nature of our business, the Firm generally encourages employees to use their PTO between April 16th and December 31st of each year.

PTO Cash Outs or Transfers

Each December, employees may cash out or transfer to a separate Medical Leave Bank excess PTO up to a defined limit. Human Resources will make Cash out/Transfer forms available each December.  All cash outs are paid at the employee's December base rate of pay on January 15th of the following year.

Separate Medical Leave Bank

An employee may have a separate Medical Leave Bank.  This separate bank may have been started with 'sick time' that an employee had accrued but not used as of January 1 of each year or with a voluntary transfer of PTO according to the guidelines outlined in the PTO Policy. 

This Medical Leave Bank may be accessed only if/when the employee provides certification from his or her health care provider stating that as defined in the policy.
The Firm reserves the right to modify, alter or discontinue this policy at any time, with the approval of the President of the Firm.