Baked Products Foods Group
PAID TIME OFF (PTO) Effective January 1, 2020, the Company is transitioning from a traditional vacation plan to a Paid Time Off (PTO) plan. This means that you will have more flexibility to attend to personal and family needs. It also means that every absence (except for absences under company benefits not requiring use of PTO such as personal holidays or jury duty) will be subtracted from your available PTO bank. Therefore, you will need to take a more active role in monitoring your available paid time off. NEW ACCRUAL RATES You will accrue PTO hours every week. Your available PTO hours will be printed on your pay stub each week. New employees accrue from their first day of employment and are eligible to use accrued PTO as soon as they become eligible for other benefits (generally, after 30 days of employment). Below is your new weekly accrual schedule and allowable time away from work based on years of service.
Years of Service
Annual Days
Annual Hours
Weekly Accrual Rate
Scheduling Guidelines
- One 5-day PTO Week - Up to 5 FLEX-Days - 2 individual pre-scheduled days - One 5-day PTO Week - Up to 5 FLEX-Days - One 3-day block of PTO - 2 individual pre-scheduled days - Two 5-day PTO Weeks - Up to 5 FLEX-Days - 3 individual pre-scheduled days - Two 5-day PTO Weeks - Up to 5 FLEX-Days - 5 individual pre-scheduled days
0 - 2
12
96
1.846154
3 - 4
15
120
2.307692
5 - 9
18
144
2.769231
10 - 14
20
160
3.076923
- Two 5-day PTO Weeks - Up to 5 FLEX-Days - 8 individual pre-scheduled days OR - 3rd 5-day PTO week and 3 prescheduled days
15+
23
184
3.538462
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