Boulay Personalized Schedule Arrangement

 

Frequently Asked Questions

How does this program benefit both the team member and the department/firm?

 

Utilizing this opportunity, team members have the flexibility to have a unique schedule for times in their lives when achieving work/life blending occurs best with a Personalized Schedule Arrangement. By providing this opportunity, the department and the firm are able to assure talented team members can remain active in our work community through various life phases.

Who is responsible for assuring my monthly and annual hours schedule are maintained?

We recognize that based upon work engagements, and personal schedules PSA team member’s time may shift a bit between months as originally planned. However, it is important that if their schedule was designed with specific hours parameters, (e.g., days of the week, hours maximum) that all parties—team member, PIC and Human Resources—assure these are monitored and honored. The team member is asked to assume the lead role in communicating if their annual hours are trending so as not to make, or exceed, the defined hour target.

When can PSA team members change their annual hours or schedule?

HR will connect with each PSA team member in July to discuss whether they are desiring a change to their annual total hours, and/or adjust where scheduled hours are to fall within the upcoming PSA year. Ideally these actions occur in conjunction with the annual PSA period of August 1 - July 31, but mid-year changes have occurred.

Will PSA team members be eligible for firm-provided benefits?

As long as their annual hour schedule is at least 1,040 hours, they are eligible to participate in benefit offerings.

 

Do PSA team members get Vacation Time, Personal Time, and Holiday Pay?

The PSA compensation calculation is adjusted for paid Vacation and Holiday time. However, PSA team members are eligible to accrue paid Personal Time up to 48 hours per calendar year, based upon anticipated hours worked. One hour of Personal Time is accrued for every 30 hours of work. The maximum Personal Time balance that team members can carry at any point is 80 hours.

Do PSA team members continue the same participation in the Performance Development / Quantum Workplace system and receive the same opportunities for learning and development, certifications and promotion consideration?

Absolutely. Their continued professional development, involvement in varied and quality work engagements, and career pathing will remain the same priority in this structure.

Will PSA team members continue to receive the same compensation opportunities?

They will continue to participate fully in the summer compensation review process and applicable Incentive Programs.

The Maconomy time entry system typically requires a minimum of 6 hours be submitted each workday. Does this change under an PSA?

The Maconomy system parameters are adjusted for team members on PSA’s. Only actual hours worked or Personal Time taken need to be entered, as the minimum daily requirement will be lifted. For days not worked, a timesheet with zero hours is submitted for Accounting to know when all time has been recorded for the month and no time entry is missing.

What if my annual hours exceed, or are less than the agreed upon annual hours?

 

All parties involved strive to attain the agreed upon annual hours to assure we are respecting the agreement, to assure departmental engagement plans are met, and the team member’s agreed upon compensation aligns with the agreed upon schedule.