Sell or donate your PTO during the annual campaign, typically held each fall. Payment and/or donation will be reflected on your November paycheck.
The annual limit for sell/donate is a combine 80 hours per year to split as you see fit. Sell all 80 hours, donate all 80 hours or anything in between.
Selling PTO hours
If you sell PTO, you will receive 90% of your hourly pay rate (due to IRS regulations) multiplied by the number of hours sold. The amount sold will be subject to applicable payroll taxes and is 401(k) eligible.
Donating PTO hours
You can donate to one of the four BSW Foundations, United Way or both. If you donate to a BSW Foundation, your gift will go to support the Employees 1st Emergency Assistance Fund. If you choose United Way, your funds will support areas of greatest need.