Re: Fw: 2024 PTO Policy Updates (fwd)

[robert <http://dummy.us.eu.org/robert>]

 > From: Noelle <noelle>
 > Date: Wed, 21 Jun 2023 08:50:54 -0700 (PDT)
 >
 > hmmm

Obviously, your company wants people to use lots of their vacation time
during the holidays.

Anyway, this will definitely focus the mind.  Ideally, you should have
exactly 40 hours by the end of the year so that your PTO accrues starting
at 40 at the beginning of the next year.

 >  > From: Noelle <http://dummy.us.eu.org/Noelleg>
 >  > Date: Wed, 21 Jun 2023 15:44:13 +0000
 >  > 
 >  > -----------------------------------------------------------------------
 >  >  From: USDoNotReply CorporateCommunications <http://www.omicronhms.com/~DoNotReplyCorporateCommunications>
 >  >  Sent: Wednesday, June 21, 2023 8:31 AM
 >  >  Subject: 2024 PTO Policy Updates  
 >  > 
 >  >  Hello Omega!
 >  > 
 >  >  Please keep in mind the following important changes to our paid time off (
 >  >  PTO) policy that will be effective at the beginning of 2024: 
 >  > 
 >  >     1  Beginning in 2024, exempt employees eligible for PTO will no longer 
 >  >     receive a frontload of their annual PTO accrual amount at the beginning 
 >  >     of each calendar year.  Instead, PTO will be available to each eligible 
 >  >     employee as it is accrued. Should an employee wish to use PTO at the 
 >  >     start of 2024, he or she should ensure there is enough accrued, unused 
 >  >     PTO at the end of 2023 to cover the planned time off occurring at the 
 >  >     beginning of 2024.  
 >  >     2  Accrual caps will be implemented so that employees will not be 
 >  >     allowed to have accrued, unused PTO in an amount in excess of 1.75 times 
 >  >     the employee’s applicable annual PTO accrual amount at any given time. 
 >  >      As an example , if an employee’s annual PTO accrual is 80 hours, then 
 >  >     once the employee reaches 140 hours of accrued, unused PTO, that 
 >  >     employee will no longer accrue PTO until he/she uses PTO and falls below 
 >  >     140 hours of accrued, unused PTO. 
 >  >     3  Field employees will continue to receive a payout of any accrued PTO 
 >  >     amount in excess of 40 hours in January of each year (please refer to 
 >  >     the employee handbook for details regarding this payout).
 >  > 
 >  >  Please keep these upcoming changes in mind as you plan your PTO for the 
 >  >  remainder of the year. 
 >  > 
 >  >  Please let us know if you have any questions.