I work for an LTC facility that pretty much charges for pto. This is the first time I’ve heard of this. I actually worked for an assisted living facility for 9 years before company sold the property and we did not lose money for pto. I'm sure your wonder what I mean by paying for pto. This companies starting wage is $35hr but if you want pto your wage will have to drop to $33.50hr. This is were it gets interesting if you want PTO and Benefits your hourly wage is $32. With a hourly wage of $32 your annual salary would be Gross Income$66,560.00Take Home $53,650.46With an hourly wage of $35 your annual salary would be Gross Income$72,800.00Take Home$58,040.30The take home between the wages is a $5,000 different. I think this policy is outrages. And to top it off the benefits that they offer still come out of your check every two weeks. I feel as it they are forcing you not to want benefits and pto. Please share your opinion on this ! More Like This Why no retention bonuses?? by ChaosCoordinatorRN Sign On Bonuses, Tuition Assistance, Hospital Benefits by Joe V At a crossroads by Just me. Opinions on Employee of the Month by SilverBells, BSN What do you do when Work calls on your day off? by Joe V
beekee 838 Posts Jun 10, 2019 How much time off are you getting if you “buy” it? How many hours a week do you work? What benefits do they offer If you work 2000 hours in a year at $35/hr and take 80 hours off at no pay, you’ll make $70,000 if you work 2000 hours in a year and have 80 hours PTO at $33.50, you’ll make $69,680.Same with the benefits. if you can be covered under a spouse’s health insurance policy for less than what it costs at your employer, perhaps it’s worth it, especially if they don’t offer much else in the way of benefits.
Lovethenurse2b25, ASN, BSN, CNA, LPN, RN 331 Posts Specializes in CCRN, Geriatrics. Jun 10, 2019 On 6/10/2019 at 10:06 AM, beekee said:How much time off are you getting if you “buy” it? How many hours a week do you work? What benefits do they offer If you work 2000 hours in a year at $35/hr and take 80 hours off at no pay, you’ll make $70,000 if you work 2000 hours in a year and have 80 hours PTO at $33.50, you’ll make $69,680.Same with the benefits. if you can be covered under a spouse’s health insurance policy for less than what it costs at your employer, perhaps it’s worth it, especially if they don’t offer much else in the way of benefits.I am a full time employee 40+ hrs a week. The benefits that they offer are not completely clear to me I have asked for an employee policy and procedure books weeks ago and was told there wasn’t one. From what I hear from other employee’s the benefits are expensive and not worth it. Same for PTO time no written policy to explain the details. I just know that they do not roll over at the end of the year. I just don’t understand why I would have to take a wage cut for PTO.
klone, MSN, RN 14,490 Posts Specializes in OB-Gyn/Primary Care/Ambulatory Leadership. Has 17 years experience. Jun 10, 2019 It sounds like a weird way of defining per diem (non-benefit earning, including PTO) vs. benefited position. Per diem typically pays more hourly wages in lieu of benefits and earned PTO. That's not uncommon.
Lovethenurse2b25, ASN, BSN, CNA, LPN, RN 331 Posts Specializes in CCRN, Geriatrics. Jun 10, 2019 2 minutes ago, Lovethenurse2b25 said:I am a full time employee 40+ hrs a week. The benefits that they offer are not completely clear to me i have asked for an employee policy and procedure books weeks ago and was told there wasn’t one. From what i hear from other employee’s the benefits are expensive and not worth it. Same for PTO time no written policy to explain the details. I just know that they do not roll over at the end of the year. I just don’t understand why i would have to take a wage cut for PTO. Also keep in mind that many jobs offer pto without even tampering with your hourly wage. Now if i work 2000 hours and have PTO and benefits that drops me down to $32 hr i will be bringing home $66,560 that still doesn’t account for the benefits. Unfortunately i dont have a husband. I think its safe to say its time for another job.
Lovethenurse2b25, ASN, BSN, CNA, LPN, RN 331 Posts Specializes in CCRN, Geriatrics. Jun 10, 2019 Just now, klone said:It sounds like a weird way of defining per diem (non-benefit earning, including PTO) vs. benefited position. Per diem typically pays more hourly wages in lieu of benefits and earned PTO. That's not uncommon.Im not a per diem worker I'm actually a full time staff member working 3-11.
klone, MSN, RN 14,490 Posts Specializes in OB-Gyn/Primary Care/Ambulatory Leadership. Has 17 years experience. Jun 10, 2019 1 minute ago, Lovethenurse2b25 said:Im not a per diem worker I'm actually a full time staff member working 3-11. A per diem employee can still work fulltime hours. You are accepting higher wages in lieu of benefits. That's not uncommon.Edit: I see in your OP that you still have benefits taken out of your pay check. I take back what I said. That does seem really weird. Have you done the math to see how you would come out either way?
klone, MSN, RN 14,490 Posts Specializes in OB-Gyn/Primary Care/Ambulatory Leadership. Has 17 years experience. Jun 10, 2019 On 6/10/2019 at 10:06 AM, beekee said:How much time off are you getting if you “buy” it?I'd be curious to know the answer to that as well. "Buying" PTO may not necessarily be a bad thing, depending on how much they offer per year.
Lovethenurse2b25, ASN, BSN, CNA, LPN, RN 331 Posts Specializes in CCRN, Geriatrics. Jun 10, 2019 2 minutes ago, klone said:A per diem employee can still work fulltime hours. You are accepting higher wages in lieu of benefits. That's not uncommon.Edit: I see in your OP that you still have benefits taken out of your pay check. I take back what I said. That does seem really weird. Have you done the math to see how you would come out either way?Yes per diem workers can still work full time hours. But in my case im not per diem i work full time so i cannot work under 5 days a week. I did do the math is doesn’t add up i would lose a lot of money with pto and benefits. Come to think of it, it sounds as if the company is getting over by paying everyone as if they work per diem wages.
klone, MSN, RN 14,490 Posts Specializes in OB-Gyn/Primary Care/Ambulatory Leadership. Has 17 years experience. Jun 10, 2019 So if you want to take time off, do you just take it unpaid?
Lovethenurse2b25, ASN, BSN, CNA, LPN, RN 331 Posts Specializes in CCRN, Geriatrics. Jun 10, 2019 3 minutes ago, klone said:I'd be curious to know the answer to that as well. "Buying" PTO may not necessarily be a bad thing, depending on how much they offer per year.I will update you as soon as i find out more but as of now. No one wants to show me the written policy.
klone, MSN, RN 14,490 Posts Specializes in OB-Gyn/Primary Care/Ambulatory Leadership. Has 17 years experience. Jun 10, 2019 2 minutes ago, Lovethenurse2b25 said:I will update you as soon as i find out more but as of now. No one wants to show me the written policy. Is it not online for anyone to access?