The intent of this policy addendum is to ensure that employees manage their paid time off (PTO) in a manner that prioritizes work responsibilities while balancing personal needs and commitments. Employees are expected to meet all job performance requirements, regardless of the amount of PTO taken.
CREST Technologies, Inc. accrues paid sick and vacation time for eligible employees, at the following rates:
Vacation:1.54 hours per pay period
Sick:1.23 hours per pay period
If an eligible employee is requesting paid sick time and does not have sufficient sick time accrued, vacation hours will be used to cover the sick absence.
Vacation hours will be used to cover any unapproved time off.
Employees are not allowed to borrow against sick time.
I acknowledge that I have received, read, and understand the CREST Technologies' Paid Time Off policy.
I acknowledge that the Company may change, suspend, or discontinue any or all of the handbook's policies, benefits, or procedures (except the Company's At-Will Employment Policy) at any time in its sole discretion. I agree that CREST will make all final decisions as to the meaning and application of all of CREST's policies, benefits, or procedures. I acknowledge and recognize that this handbook supersedes all prior or existing policies and procedures of the Company.
I further acknowledge and recognize that a violation of these policies and procedures can, at the discretion of CREST, result in disciplinary action up to and including termination, or in certain situations, to my being held personally liable for my actions.