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C. FLOATING HOLIDAYS<br />

In addition to the holidays listed above, the company gives all Full Time Employees 2 Floating Holidays<br />

per calendar year to be used along with Manager’s approval. These days must be taken on the following<br />

Federal Holidays or on your birthday:<br />

• Birthday of Martin Luther King, Jr.<br />

• Washington’s Birthday<br />

• Good Friday<br />

• Columbus Day<br />

• Veteran’s Day<br />

Note: Floating Holidays are <strong>no</strong>t allowed to be carried over. These days must be taken with manager<br />

approval or forfeited on 12/31 of the calendar year issued.<br />

Floating Holiday Eligibility<br />

• 2 Floating Holidays to be used at your discretion if hired between 1/1 and 5/31<br />

• 1 Floating Holiday will be given if hired between 6/1 and 10/31<br />

• No Floating Holidays will granted after 11/1 hire date for that year<br />

D. PERSONAL TIME-OFF (PTO)<br />

Time away from work to relax and pursue special interests is important to everyone. Personal time off is<br />

viewed as an earned and needed break from work; therefore, you are encouraged to take accrued PTO<br />

on a regular basis. PTO must be taken in minimum one (1) hour increments. PTO is time off for vacation,<br />

sick leave, and personal time combined in to one plan.<br />

Each full time <strong>employee</strong> will accrue PTO semi-monthly in hourly increments based on their length of<br />

service as defined below. PTO is added to the <strong>employee</strong>'s PTO bank when the semi-monthly paycheck is<br />

issued. PTO taken will be subtracted from the <strong>employee</strong>'s accrued time bank in one hour increments.<br />

Temporary <strong>employee</strong>s, contract <strong>employee</strong>s, and interns are <strong>no</strong>t eligible to accrue PTO.<br />

PTO is <strong>no</strong>t earned in pay periods during which unpaid leave, short term disability, personal<br />

leave, worker’s compensation, or Family Medical Leave Act (FMLA) are taken.<br />

Employees may use time from their PTO bank in hourly increments. Time that is <strong>no</strong>t covered by the PTO<br />

policy, and for which separate guidelines and policies exist, include company paid holidays, bereavement<br />

time off, required jury duty, and military service leave.<br />

To take PTO requires two days of <strong>no</strong>tice to the supervisor and Human Resources unless the PTO is used<br />

for legitimate, unexpected illness or emergencies. (Use the Request for Time off form in mySavant to<br />

request PTO.) In all instances, PTO must be approved by the <strong>employee</strong>'s supervisor in advance. The<br />

Company appreciates as much <strong>no</strong>tice as possible when you k<strong>no</strong>w you expect to miss work for a<br />

scheduled absence.<br />

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Page 21<br />

Savant Learning Systems

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