We are doing some comparative analysis to see how other construction companies in the SouthCentral area handle
PTO time and Holiday pay for
hourly employees.
Specifically the following:
1.) How long do hourly employees have to wait before earning PTO time? Is it immediate, after one year, etc?
2.) How much PTO time is earned per year and does that change after a certain length of service?
3.) Once eligible for PTO time are you giving this all upfront or accruing over the course of the year? Accruing per month, per hour worked, per year?
4.) As a general rule are employees allowed to go negative on PTO time?
5.) Do you differ this policy for office, shop and field employees if applicable?
6.) At what point do hourly employees become eligible for holiday pay?
6.) Is holiday time paid at 8 hours per day or at the normal shift that the employee would work (example - 4 10 shift, holiday paid for 10 hours).
Thanks in advance for your input! Just trying to ensure our policy is in line with others in this area.
Andi Kirkpatrick
Trade Construction
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Andrynn Kirkpatrick CPA
Chief Financial Officer
Trade Construction Company
Zachary LA
(225) 654-7763
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