Rensselaer provides employees with 10 paid holidays per fiscal year, which runs from July 1 to June 30. In general, Rensselaer observes the holidays listed below:

• All new hires will have their first eleven months of PTO accrual deposited into their PTO bank on their date of hire.
• Unused PTO above 200 hours will be transferred into a Reserve Time Off (RTO) bank at the end of each fiscal year. There will be no maximum on the size of the RTO bank.
• Employees may use any available RTO to supplement their Short-Term Disability beginning on the sixth consecutive business day of absence due to illness or injury. Rensselaer will supplement four hours per day with Short Term Disability. Such absences must be documented and certified, in writing, by the employee’s attending physician.
• Rensselaer employees who are classified as an executive officer or administrative officer earn 9.67 hours PTO time per pay period, up to a maximum of 232 hours (29 days) a year.
• Employees may be eligible for a payout of accrued and unused Paid Time Off (PTO) in accordance with the provisions of Human Resources Policy 1300.1, PTO Program, which includes giving appropriate notice as outlined in the Human Resources Policy 500.1. Additionally, you must be present at work from the date you provide notice until the official date of separation. Also, a payout of accrued and unused PTO is only available to regular, full time employees; employees in Fixed Term positions are not eligible.
• RTO is never paid out upon separation or retirement.
• All scheduled PTO must be pre-approved in writing by the employee’s supervisor.
• Eligible employees will be allowed a maximum of five days bereavement leave, with pay, in the event of the loss of an immediate family member.

View our full Paid Time Off Policy (PDF)

Paid Time Off (PTO) Accrual Rates