Paid Time Off (PTO)
Rebuild and renew your energy with paid time away from work.
M/I Homes recognizes the importance of helping you balance the personal and work-related responsibilities in your life. Whether it be for hobbies, time with loved ones, or sickness, we encourage you to use your available time off to support your health and wellbeing.
Our Paid Time Off (PTO) program entitles full-time employees to take advantage of days away from work for personal time, which includes but is not limited to vacation and illness.
| PTO Awards Schedule | ||
|---|---|---|
| PTO Days Awarded | ||
| For New Hires, Date of Hire in the: • 1st Quarter • 2nd Quarter • 3rd Quarter • 4th Quarter | 15 Days 10 Days 10 Days 3 Days | |
| 1st - 4th Full Calendar Years of Service | 15 Days | |
| 5th - 9th Full Calendar Years of Service | 20 Days | |
| 10th+ Full Calendar Years of Service | 25 Days | |
Holiday Schedule
M/I Homes follows a holiday schedule issued annually. The holidays observed typically include the following:
- New Year’s Day
- Memorial Day
- Independence Day
- Labor Day
- Thanksgiving Day
- Day after Thanksgiving
- Christmas Observance
For most employees, half of the awarded PTO days are considered earned on January 1st and the remaining half are earned on July 1st. For designated Construction employees (Managers level and below), one half of PTO days are considered earned on April 1st and the remaining are earned on October 1st. PTO should be scheduled in advance and approved by your manager except in cases of illness or emergency. PTO does not carry over from one year to the next. PTO pay for salaried and hourly employees is computed at the regular base salary or hourly rate.
Holiday Pay
Full-time employees are eligible for holiday pay. During a holiday workweek, overtime is calculated after 40 hours of worked time.
Floating Holidays
Floating holidays are added to an employee’s PTO balance as long as the employee was employed as of January 1st that calendar year and are to be used in that same year. These days are intended to provide employees the ability to observe a special or religious holiday that is otherwise not covered in our holiday calendar. The number of days may vary but is typically 2 days per year.
This Benefits Website provides general information for our benefits-eligible employees; however, more detailed information is available within the plan documents and legal contracts between our company and the insurance providers. In case of any discrepancy between this Benefits Website and the plan documents, the plan documents always govern and determine your exact benefits. In addition, the company reserves the right to modify or terminate any benefit plan at any time. Benefits are not a guarantee of employment.