Consultant PTO Policy

Owned by Andrea Aznar Porreca (Deactivated)
Last updated: Jan 07, 2020 by Alyssa Zotos (Deactivated)
2 min read

Per the handbook:

Paid Time Off (PTO)
Paid time off is an accrued benefit and it can be negotiated as part of your tailored compensation package. Of course, you can always decline PTO time in favor of a higher pay rate. If paid time off time is important to you, we allow you to select up to 3 weeks of PTO depending on the project duration and client expectations.

The annual paid time off accrual amounts available are listed below:

  • 1 week PTO accrue PTO at is .0192 per hour
  • 2 weeks’ PTOaccrue PTO at is .0384 per hour
  • 3 weeks’ PTOaccrue PTO at is .0576 per hour

The maximum rate a Consultant can accrue PTO at is .0576 per hour, which is 3 weeks of PTO per year.

Epitec’s Consultants shall accrue PTO based on regular hours worked, paid holiday hours, and PTO hours reported each pay period. The hourly PTO accrual rate shall be based on the PTO amount negotiated at their date of hire.

PTO accrual is based on the number of hours you work each cycle, up to your maximum accrual for a year. Working overtime allows you to accrue your hours faster; however, once you have reached your maximum accrual for the year, you will stop accruing PTO until the following year begins. The maximum PTO balance allowable to be carried forward from fiscal year to fiscal year is equal to the largest number of hours that you are accruing in a payroll year.

If an employee is out of the office for any reason, any available PTO hours must be used prior to taking unpaid time off.

For Example 

If an employee elects to accrue eighty (80) hours of PTO annually, then the maximum amount of hours that could roll over to the new fiscal year would be eighty (80) hours of PTO. All hours over eighty (80) would be forfeited. PTO is a benefit to use in order to be paid when taking time off and cannot be arbitrarily paid out.

PTO accruals will be visible in the employee portal; however, employees are not eligible to use PTO time in the first ninety (90) days of employment.

If your employment with Epitec is terminated for any reason before ninety (90) days of employment, your visible PTO balance will not be paid out.

If your employment with Epitec is terminated for any reason after the first ninety (90) days of employment, your positive accrued PTO time will be paid out in the pay cycle following your paycheck for final hours worked, except as otherwise required by applicable law.