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 to submit your PTO cash out from November 16 to November 26. Cash-out payments will be included in your December 1 paycheck.
Follow these steps to submit your cash-out request:
You can request a cash out any time between November 16 and November 26 in Workday. You can access Workday online anywhere with an internet connection. Please note: You must select November 25 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 contact the HR Solution Center at email@example.com.
The Solution Center teams in UVAFinance and UVAHR are ready to support you with general questions.
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