Physicians Group (UPG)
- Payroll Calendars
- UPG PTO Cash Out
2023 Cash Out
Twice annually, UPG employees will have the opportunity to cash out a portion of their PTO balances. Each employee who is eligible for PTO has the option to cash-out up to forty (40) hours of PTO at the employee’s normal hourly rate of pay, if after the cash out the employee retains a balance of at least eighty (80) hours of PTO.
You have from May 18 to May 28 to submit your PTO cash out. Cash-out payments will be included in your June 2 paycheck.
Follow these steps to submit your cash-out request:You can request a cash out any time between May 18 and May 28 in Workday. You can access Workday online anywhere with an internet connection. Please note: You must select May 27 as the date of your request. You cannot enter more than one cash-out request. If you would like to adjust your request, you must delete the initial request and resubmit.
Keep in mind that UPG has an annual “use or lose rule” - Up to one (1) year’s accrual of PTO may be carried over to the next calendar year. At the end of the last full pay period of the calendar year, employees will forfeit any amount of PTO over one year’s accrual.
As always, if you have questions or concerns, please reach out to the HR Solution Center at firstname.lastname@example.org.
- The process in Workday is only for requesting PTO cash out. Please continue to submit other time off requests as usual.
- Please see the UPG Leaves of Absence v.2 (policytech.com) for additional information.
- The next PTO cash out will be in November 2023 for a December payout.
- See this handy guide for handling your Cash Out
The Solution Center teams in UVAFinance and UVAHR are ready to support you with general questions.
Direct the following inquiries to AskFinance:
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