Page 25 - HB-NATIONAL EWP Jan 2017_Neat
P. 25

Annual Award & Carryover Balance Maximum
        An eligible employee begins accruing PTO  after having completed one  month (no less  than 30 days) of continuous
        employment. Employees will be allowed to accrue PTO up to 1.5 times their annual entitlement. Unused PTO rolls over to
        the next year. In no event will any employee be permitted to accrue more than 240 hours of PTO in total. The accrual of
        PTO hours will stop once the employee reaches their annual accrual cap at any given time. Once the balance is reduced
        by taking time off using PTO, accruals will be reinstated. PTO will not be counted as time worked for purposes of computing
        overtime.

        Advance Notice & Scheduling of PTO
        Employees who qualify for PTO must provide management with as much advance notice as possible when scheduling PTO.
        For single day use due to illness, employees must personally contact their supervisor each day they are absent. Employees
        absent due to illness may be required to provide a signed medical provider statement verifying fit for duty/return to work
        status before they will be allowed to resume their duties.

        Generally, for time off in excess of 2 consecutive days, 3 weeks advance notice must be given and approved in writing. All
        PTO requests are reviewed and approved or declined within the sole discretion of the Company's management.

        Using & Cashing Out PTO
        PTO shall be paid at the regular rate of pay in effect at the time the PTO is taken. PTO can only be used by taking paid time
        off and cannot be cashed out in lieu of taking time off during active employment. Other than as required by each state's
        wage and hour laws, paying out unused PTO balance at time of separation, is at the Company's discretion. The maximum
        amount of PTO used is 8 hours per day and/or up to a maximum of 50 hours per week.

        While the normal workweek is 40 hours, the Company will allow an employee to "cash out" an additional 10 hours if a full
        week of PTO is being taken. This is a limited exception to the "no cash out of PTO rule" and the exception is being made
        to allow employees to have spending money while on PTO.

                  No advance use of PTO is allowed meaning that employees cannot go negative in their PTO bank.

        PTO is earned on a weekly basis when hours worked are processed. It is credited to an employee's PTO bank during each
        payroll cycle (weekly or bi weekly). Eligibility to earn PTO is contingent on an employee having worked or used PTO each
        week. PTO is not earned for the weeks/months when unpaid leave is taken, when no hours are turned for a specific
        workweek, or when short or long term disability benefits are paid, or during layoff periods.

        If an employee will be out of work due to illness or due any other emergency for which notice could not be provided, the
        employee must call in and notify his or her supervisor as early as possible, but at least by the start of the employee's
        workday. If an employee calls in sick for three (3) or more consecutive days, the employee may be required to provide
        his or her supervisor with a doctor's note on the day the employee returns to work.

        Worker’s Compensation
        On-the-job injuries are covered by our Workers' Compensation Insurance Policy, which is provided at no cost. If employees
        are injured on the job, no matter how slightly, they should report the incident immediately to their Supervisor. Failure to
        follow Company procedures may affect the ability of the employee to receive Workers Compensation benefits. This is
        solely a monetary benefit and not a leave of absence entitlement.

        Employees who need to miss work due to a workplace injury must also request a formal leave of absence. See the Leave
        of Absence sections of this handbook for more information.

        401k Retirement Savings Plan
        Eligible employees are able to participate in the Company's 401k retirement savings plan. Plan participants may make pre-
        tax contributions to a 401k traditional or Roth retirement account. Upon becoming eligible to participate in this plan,
        employees will receive an employee benefits booklet describing the plan and how to enroll online in greater detail.

        Page | 24
   20   21   22   23   24   25   26   27   28   29   30