| |
Paid Time Off
|
|
|
Advocate's paid time off (PTO) benefits are designed to give you the time you
need to spend with family and friends, take care of personal matters, travel,
enjoy a holiday or just relax! PTO is also intended to be used for unplanned
absences—such as for minor illnesses.
You accrue PTO on a per-pay-period basis and your accruals increase with your
years of benefits eligible service at Advocate.
Note: Associates who have been employed for more than 10 years by a
hospital or health facility that is part of Advocate Health Care (including
years prior to its becoming a part of Advocate Health Care) and are currently
in a benefits-eligible position (or move into a benefits-eligible position on
some future date) will receive credit—for the purpose of determining PTO
benefits-for all years they have been continuously employed by Advocate,
including any time spent in positions that were not benefits eligible. This
includes any time spent in a registry, float pool or Part-Time C position.
To see a fact sheet highlighting how PTO benefits accrue, click on the
appropriate link below.
During annual Benefits Enrollment, you may elect to cash out 1 to 10 days of
your accrued PTO. For plan purposes, each day is considered to be 8 hours in
length. The cash out will be paid at your straight time base hourly rate in
effect at the time of payment during the first or fourth quarter of the
following calendar year.
Elected cash out hours will be deducted from your PTO balance at the time of
payment. If your accrued PTO hours at the time of payment is not sufficient to
pay the full cash out amount, you will receive payment equal to your current
accrued PTO account balance.
The election to cash out PTO is irrevocable during the calendar year for which
the election is made. |