PTO Buy-Back Policy and Request Form
PTO Buy-Back Policy. Employees are afforded the opportunity to “sell back” accrued PTO. In order to “encourage” the use of leave, the company will buy back PTO at a reduced rate of 75% of the value of the forfeited leave. To avoid the loss of leave at year end for PTO balances in excess of the allowable cap (see “PTO Cap section above ... ................
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