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BluShark Digital · Domestic Policy
PTO Policy
ADP WorkforceNow — Client: Blu Shark Digital LLC
Vacation and Sick Paid Leave (English US)
Policy Effective Date: 12/01/2023
General Information
- Policy Name
- PTO
- Policy Description
- Vacation and Sick Paid Leave (English US)
- Employee Service Dates (in priority order)
- Rehire Date
- Seniority Date
- Hire Date
- Time is tracked in
- Hours
- Auto Assignment Criteria for New Hire and Rehire
- No, do not assign automatically
Balances and Accruing Time Off
- Carryover balances is permitted
- Yes
- When is carryover of balances permitted
- At the time of awards
- Reset Balances
- On Employee Service Date
Accrual Processing
- Active Employees
- Continue awards as usual
- When Employee is on Leave
- Put awards on hold
- Terminated/Deceased/Retired Employees
- Stop Processing
- Waiting Period to Accrue Time Off
- No waiting period
- Carryover
- Manual
- Forecasting
- Yes
- Transfer Balances to Another Policy
- No Balance Transfer
- Manual transfer anytime (On demand)
- Yes
- Deferred Accruals
- No
Award Rules and Tiers
- One-Time Award Rule(s)
- None
- Recurring Rule
- Award Bi-weekly : Based On Tenure
- Employees' service length is calculated based on
- Employee Service Date
- First accrual distribution will occur on
- 2021-12-31
- Service tiers defined in
- Months
- Award amounts are tracked in
- Hours
| Service Length | Award Amount | Annual Award Max |
Min Balance | Max Balance | Max Carryover |
| 0.0 Months Through 23.0 Months | 4.62 | 0.0 | — | — | — |
| 24.0 Months Through 35.0 Months | 6.16 | 0.0 | — | — | — |
| 36.0 Months Through 47.0 Months | 7.7 | 0.0 | — | — | — |
| 48.0 Months and up | 9.24 | 0.0 | — | — | — |
Tier Crossover: When employees cross a service tier in a distribution period, give them the accrual based on the award amount defined in the current tier.
Accrual Details
- Employee Banked Hours
- No
- Partial Accruals for First Time Awards
- Full accrual
Time Off Request Rules
- Allow time off requests on restricted days
- Yes
- Allow time off requests when the balance is below minimum threshold
- Yes
- Waiting Period to Use Time Off
- 90 day(s) from employee service date
- Minimum Amount Per Day
- None
- Minimum Amount Per Request
- None
- Maximum request in a Day
- None
- Increment for request amount
- None
- Reason Codes
- 1. PTO (PTO)
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