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University of Michigan Health System PAID TIME OFF SELL-BACK REQUEST FORM must be completed and returned to Department Timekeeper by: OCTOBER 24, 2008, FOR ALL STAFF EXCEPT NURSES COVERED BY THE MNA

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What is paid time off sell-back?

Paid time off sell-back refers to the option for employees to exchange their unused paid time off (PTO) hours for monetary compensation.

Who is required to file paid time off sell-back?

The requirement to file paid time off sell-back may vary depending on the employer's policies. However, it is generally available to eligible employees who have accumulated unused PTO hours.

How to fill out paid time off sell-back?

To fill out paid time off sell-back, employees typically need to submit a request or form provided by their employer. The form may require information such as the number of PTO hours to sell back and the desired compensation method.

What is the purpose of paid time off sell-back?

The purpose of paid time off sell-back is to provide employees with the flexibility to convert their unused PTO hours into additional income if they prefer monetary compensation over taking time off.

What information must be reported on paid time off sell-back?

The specific information required to be reported on paid time off sell-back may vary depending on the employer's policies. Generally, it may include the number of PTO hours being sold back, the date range for which the PTO was accrued, and the chosen compensation method.

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