- Holiday Hour Increments
Team members may now use their Holiday bank in hourly increments. Any banked holiday time may be taken in hourly increments up to the team member’s normal work schedule. For example, if a team member is scheduled off on a holiday they will receive applicable holiday pay. If a team member is scheduled to work on the holiday, those holiday hours earned will be stored in the holiday bank and may be used later in hourly increments.
- PAL Cash-In Opportunity
Beginning February 20, 2017 – March 18, 2017, benefit eligible hourly team members may cash-in Paid Annual Leave (PAL) hours up to 40 hours.
Rules and Procedures for PAL Cash-In Opportunity
- Benefit-eligible hourly team members may cash in up to 40 hours of accrued PAL during the opportunity period.
- As the result of the cash-in, a team member’s accrued PAL will not be permitted to drop below 80 hours.
- Team members must follow the announced procedures during the cash-in period; no off-cycle cash-ins will be permitted.
- Cash-ins are calculated according to the team member’s regular base hourly rate and do not include any differentials of other amounts.
- All cash-ins will be subject to normal deductions and taxes.
Cash-In Opportunity Time Line: (Dates will coincide with published payroll cycle.)
Cash-In Opportunity | |
Cash-In Opportunity Announced | February 20, 2017 |
Cash-In Opportunity Requests Submitted | March 1 – March 18, 2017 |
Cash-In Opportunity Closed | March 18, 2017 |
Cash-In Appears in Paycheck | April 7, 2017 |
The form to cash-in is located on the Intranet under the Human Resources tab under Forms or from any HR Office. If you have any questions, please contact your HR Business Partner or your supervisor.