PAL Cash-In Requests Due November 2, 2018

What is the PAL Cash-In Opportunity?

The PAL Cash-In Opportunity is offered to benefit-eligible hourly team members who would like to cash in a certain amount of accrued Paid Annual Leave (PAL).

When will the PAL Cash-In Opportunity Be Offered?

We have decided to offer the PAL Cash-In Opportunity periodically.  We will offer the Cash-In Opportunity Pay Out in November 2018.  The program will be evaluated for continuation after November 2018.

Who is eligible for the PAL Cash-In Opportunity?

Benefit-Eligible hourly team members are eligible to participate in the Cash-In Opportunity.

What are the PAL Cash-In Opportunity Rules and Procedures?

  1. Benefit-eligible hourly team members may cash in up to 40 hours of accrued PAL during the opportunity period.
  2. As the result of the cash-in, a team member’s accrued PAL will not be permitted to drop below 80 hours.
  3. Team members must follow the announced procedures during the cash-in period; no off-cycle cash-ins will be permitted.
  4. Cash-ins are calculated according to the team member’s regular base hourly rate and do not include any differentials of other amounts.
  5. 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 (E-mail) October 15, 2018
Cash-In Opportunity Announced (Compass) October 19, 2018
Cash-In Opportunity Requests Submitted October 15, 2018 – November 2, 2018
Cash-In Opportunity Closed November 2, 2018
Cash-In Appears in Paycheck November 16, 2018

 

Further Questions?

Talk with your HR Business Partner or with your supervisor.