Vacations (full time employees only):
One week of paid vacation during second and third years.
Two weeks of paid vacation for the fourth and subsequent years.
Note: If you set up as above paid vacation time is considered earned at the conclusion of each year of employment. If the employee leaves or is dismissed one day into the next employment year, vacation has already been earned and should be paid out.
PTO (full time employees only):
PTO accumulates at a rate of one half day per month after 90 days of employment. At the end of the year any unused PTO can be paid out to the employee. If the employee quits or is dismissed before the end of the year, any unused, accumulated PTO should be paid out.
New Year's Day, Memorial Day, July 4th, Labor Day, Thanksgiving and Christmas. In doing so your paid holiday policy should stipulate the employee must also work the days the employee normally work that come right before and after a holiday. For example, if the employee normally works Monday-Thursday and the holiday falls on a Monday the employee must work the Thursday before as well as the Tuesday after the holiday. Also the holiday must fall on a day the employee normally works.
Kevin Tighe, Cambridge Dental Consultants, Senior Consultant, got bitten hard by the business and marketing bug during long summer days working at his dad's Madison Avenue ad agency. After joining Cambridge as a speaker in the mid-1990s, Kevin went on to become Cambridge’s senior consultant and eventually CEO. Cambridge Dental Consultants is a full-service dental practice management company offering customized dental office manuals. Frustrated? High overhead? Schedule a chat with Kevin at