HR offers vacation, PLT, floating holiday reminders St. Thomas Newsroom June 7, 2010 It’s that time of the year again when St. Thomas employees begin making final plans to use the remainder of their paid leave time before the new fiscal year begins on July 1. All eligible exempt and non-exempt employees receive either Paid Leave Time (PLT) or vacation, and both receive one floating holiday each fiscal year. In order to ensure that you do not lose your paid leave time, please read the rest of this article.Non-exempt (hourly) staffYou accrue PLT each pay period. As of Sept. 30, you may carry over up to 160 hours of PLT time, but any hours in excess of that limit will be forfeited. Your PLT account balance shows on each check stub or can be found on your pay information in MURPHY Online. On Oct. 1, any PLT time over 160 hours will be forfeited and removed from your account balance. Please review your current PLT balance and plan accordingly to make sure you will have 160 hours or less in your PLT account by Sept. 30, 2010. Carry-over PLT hours for a non-exempt staff with less than 1.0 FTE will be prorated. For example, an employee working .625 FTE will be able to carry over 100 PLT hours.Exempt (salaried) staffYou receive your vacation allotment at the beginning of each fiscal year and must use that time by the end of each fiscal year. In other words, any balance left in an exempt employee’s account as of June 30 will be forfeited. You will receive your allotment for the next fiscal year on July 1. To avoid posting your time off in the wrong fiscal year, it is important to record your vacation time in a timely manner in MURPHY Online. Note: If you will be out toward to the end of June, record your vacation time before you leave. Be sure you post your vacation in the appropriate fiscal year.Floating holidaysAll regular full- and part-time employees receive one floating holiday each fiscal year. Eligible employees must use their FY10 floating holiday by June 30, 2010.Union MembersFor employees covered by a labor agreement, refer to your contract for information regarding your vacation, sick leave, and holiday benefits.As is normal practice at St. Thomas, vacation, PLT and floating holiday requests must be approved by your supervisor. Make plans early so that you can enjoy your paid time off.