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IMPORTANT: If you do not elect your benefits during the annual Open Enrollment period or within 31 days of your date of hire, you will not have Roper St. Francis Healthcare health plan coverage until the next year unless you have a qualified life event as defined by the IRS.
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Time Away from Work
2024 PTO for Exempt (Salaried) Teammates
Full- or part-time exempt teammates (budgeted to work at least 15 hours a week) are eligible for PTO. PTO is prorated for the first year of hire based on an exempt teammate’s start date. The amount of PTO available is based on years of service and FTE as of the beginning of the calendar year (see chart below). The PTO program for Exempt teammates is a non-accrual, use it or lose it plan. This means exempt teammates will receive the full allotment of days at the beginning of the year and must use the PTO by the end of the calendar year. Unused PTO will be forfeited at the end of the calendar year. Since PTO hours are frontloaded and must be used by the end of the year, PTO hours are not paid out if/when an exempt teammate separates employment with RSFH.
| Years of Service (YOS) | PTO Days Off (Based on 1.0 FTE) | Allocation Method | Carryover Each Year | PTO Paid at Separation (Assumes voluntary separation with proper notice) | PTO Eligible for Sell Back at 80% on an Annual Basis |
|---|---|---|---|---|---|
| 0-2 YOS | 19 | Front Load | n/a - "Use it or lose it" | 0% | No |
| 3-4 YOS | 23 | Front Load | n/a - "Use it or lose it" | 0% | No |
| 5-7 YOS | 23 | Front Load | n/a - "Use it or lose it" | 0% | No |
| 8-9 YOS | 28 | Front Load | n/a - "Use it or lose it" | 0% | No |
| 10+ YOS | 28 | Front Load | n/a - "Use it or lose it" | 0% | No |
2024 PTO for Non-Exempt (Hourly) Teammates
Full- or part-time non-exempt teammates (budgeted to work at least 15 hours a week) are eligible to accrue PTO based on hours paid. The amount of PTO available is based on and FTE (see chart years of service below). Accrual rates for PTO are based on most recent hire date or acquisition date and the total hours paid up to 80 hours per pay period. As long as teammates stay in a benefits-eligible position, they may carry over their PTO bank from year to year, up to the maximum accrual. The maximum accrual is 120 hours for both full-time and part-time teammates.
- Each year, non-exempt teammates will have an opportunity to cash-out one time at 80% value
- PTO hours will be paid out if/when a non-exempt teammate separates employment (assuming voluntary separation with proper notice) based on years of service:
- Less than 2 years: 0%
- 2-5 years: 50%
- 5+ years: 100%
- Non-exempt teammates will be able to donate PTO to the RSFH Gives! campaign as well as participate through payroll deductions. Non-exempt teammate may elect to give to the RSFH Teammate Hardship Fund if you want to donate to teammates in need.
| Years of Service (YOS) | PTO Days Off (Based on 1.0 FTE) | Allocation Method | Carryover Each Year | PTO Paid at Separation (Assumes voluntary separation with proper notice) | PTO Eligible for Sell Back at 80% on an Annual Basis |
|---|---|---|---|---|---|
| 0-2 YOS | 15 | Accrual | Up to 120 hours (~15 days) | <2 YOS = 0% 2 YOS = 50% | Yes |
| 3-4 YOS | 19 | Accrual | Up to 120 hours (~15 days) | 50% | Yes |
| 5-7 YOS | 19 | Accrual | Up to 120 hours (~15 days) | 100% | Yes |
| 8-9 YOS | 23 | Accrual | Up to 120 hours (~15 days) | 100% | Yes |
| 10-14 YOS | 23 | Accrual | Up to 120 hours (~15 days) | 100% | Yes |
| 15+ YOS | 25 | Accrual | Up to 120 hours (~15 days) | 100% | Yes |
Holidays
2024
In 2024, there will be a separate Holiday benefit that is not deducted from PTO hours. Full-time teammates budgeted to work 30 or more hours per week will be eligible to receive up to eight hours of Holiday pay for each holiday. Holidays will be paid in the pay period they occur. Teammates may opt to work the holiday and take an alternative day off within the same pay period with manager approval. Roper St. Francis Healthcare will recognize the following holidays:
| DATE | HOLIDAY |
|---|---|
| Monday, January 1 | New Year's Day |
| Monday, January 15 | Birthday of Martin Luther King, Jr. |
| Friday, March 29 | Good Friday |
| Monday, May 27 | Memorial Day |
| Thursday, July 4 | Independence Day |
| Monday, September 2 | Labor Day |
| Thursday, November 28 | Thanksgiving |
| Wednesday, December 25 | Christmas Day |