Baked Products Foods Group
Vacation accrual payout: If you have more than 1x your annual accrual in your vacation bank at the end of 2019, you will receive a one-time payout in January of 2020. We will pay out accrued vacation down to one week less than 1x your 2019 accrual. Note : this one-time payout process will not occur in future years. If you have less than 1x your annual accrual in your vacation bank at the end of 2019, you will not receive a payout. Your remaining accrual will be converted from vacation to PTO. Going forward, the appropriate accrual based on your seniority level will be added to your PTO “bank” each week. PTO Accrual Maximum Beginning in 2020, your maximum accrual is 1x your annual accrual rate. Once you have accrued the number of hours for your length of service (referenced in the chart above), your accrual will stop until you take enough PTO to restart your accrual. PTO USE The use of PTO is NOT required for the company’s paid holidays, paid personal holidays, parental, jury duty, or bereavement leaves. These benefits are separate from the PTO policy; however, acceptable documentation may be required to receive pay under these benefits. PTO is also not required but may be requested for USERRA-conforming military leaves. The use of PTO is required for any other time away from work such as time for rest and relaxation, absences to attend school meetings or personal or family doctor’s appointments, or absences to care for your own or your family members’ illness or injury. The use of PTO is also required for absences during any benefit waiting period such as short term disability and absences relating to FMLA, whether intermittent or continuous.
There are 2 ways to use your PTO:
1) Scheduled PTO (Some 3-Day or 5-Day Blocks of Time are required, depending on years of service). 2) Unscheduled PTO (FLEX-Days)
Both ways are discussed in the following pages.
Scheduled PTO . If scheduled, PTO can be used in week-long blocks or in individual days according to your accrual allotment. If scheduled, you may elect to use your PTO in 8, 10, or 12 hour increments. Unscheduled PTO. Each employee will be allowed to use up to 40 hours of his or her annual PTO accrual as unscheduled PTO (FLEX-Days). You may elect to use your PTO in 8, 10, or 12 hours increments. EIGHT HOURS of this 40 hours can be taken in 4-hour increments.
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