The Paid Time Off plan combines vacation, holidays and short term sick leave days into one account known as your "PTO" Account. PTO begins accruing on the day of employment for benefited employees and accrues on the basis of regular hours worked and length of service. Accrual rates are based on full-time employment for Stanford Health Care Tri-Valley Employees: Hire date thru 2nd year: .09615 x 2080 hrs per year=200 hrs Beginning of 3rd year: .11538 x 2080 hrs per year=240 hrs Beginning of 5th year: .13846 x 2080 hrs per year=288 hrs Beginning of 10th year: .15000 x 2080 hrs per year=312 hrs Beginning of 15th year: .16153 x 2080 hrs per year=336 hrs Part-time employees would multiply the number of hours they are paid (excluding overtime). PTO hours do not accrue on overtime or standby hours. Temporary and per diem employees do not receive PTO. PTO bank is capped at 350 hours. PTO bank is capped at 450 hours for employees with 10 years or more of service.