Time off

What you need to know

Generous time-off policies so you can be there for the special moments. And recharge your batteries when you need to.

Taking time off—away from your job—is vital to being at your best. We support this by offering ample time off for all kinds of situations. 

2018 holiday schedule

New Year's Day: Monday, January 1

Martin Luther King, Jr. Day: Monday, January 15

Presidents' Day: Monday, February 19

Memorial Day: Monday, May 28

Independence Day: Wednesday, July 4

Labor Day: Monday, September 3

Thanksgiving Day: Thursday, November 22

Day after Thanksgiving: Friday, November 23

Company-Designated Holiday: Monday, December 24

Christmas Day: Tuesday, December 25

Time-off programs

Non-exempt employees: Use Paid Time Off (PTO) for personal time, vacation, or illness.
You start earning PTO on your first day of employment. Full-time employees earn 4.92 hours each pay period. Plus, you earn an additional day for each year of service, with a max of up to 20 PTO days per year.

Part-time employees earn PTO time pro-rated, based on your scheduled hours.

Exempt employees: Use the Tracking-Free Vacation (TFV) policy to take time off for vacation, personal time, and short-term illness.

You don’t need to earn TFV and there is no annual limit. Just work with your manager when you want to use TFV.

Paid Sick Leave

Getting sick. Medical appointments. A sick family member who needs care. Paid Sick Leave (PSL) gives you the time you need to deal with these issues.

Non-exempt employees: Eligible for 5 PSL days (40 hours) per year. Accrual is per pay period until you reach the max 5 days. You can use PSL after you’ve been employed for 90 days.

Exempt employees: Eligible for 5 PSL days per year. You receive all 5 days at the beginning of the year and can use them after you’ve been employed for 90 days.

Paid leaves of absence

Take care of what’s most important: your family. Our Enhanced Leave Programs are designed to allow you to do just that. 

Enhanced Maternity Leave

Who it’s for: Birth mothers

What you get: 100% of your base salary for the first 8 weeks of time away from work while you're on pregnancy disability.

What else to know: This benefit is in addition to and coordinated with other benefits, such as Short-Term Disability or any statutory programs, to ensure you get 100% of your base pay for those first 8 weeks. 

Bonding Leave

Who it’s for: Mothers, fathers, same-sex spouses, and domestic partners who have a child or adopt/foster

What you get: 100% of your base pay for up to 8 weeks within the first year of the birth or placement of a child.

What else to know: This benefit can be taken at one time or in increments with your supervisor’s approval. It will be coordinated with other applicable benefits, such as state-specific paid-leave programs.

Family Care Leave

Who it’s for: Exempt and non-exempt employees

What you get: Paid time off and 100% of your base pay for up to 8 weeks to care for a seriously ill family member.

What else to know: Qualifying family members include your spouse, child, or parent, if you're certified as the primary caregiver. This leave will be coordinated with any other applicable benefits, such as state-specific paid-family-leave programs.

Non-exempt employees: You must have one year of employment to take advantage of PayPal's Enhanced Leave Programs. You also must give at least 90 days’ notice before your intended leave so your manager can plan accordingly.

Disability leaves of absence

Can’t work because of an illness or injury? We have you covered. Take time off to get better or heal—and not lose your income—with PayPal’s disability insurance plans. 

Short-Term Disability (STD)

Who it’s for: Employees who can’t work and have missed more than 7 days of work due to an illness, injury, medical emergency, surgery, or childbirth (including pregnancy disability and postpartum recovery).

What you get: 80% of your base salary (max of $6,500 per week) for up to 6 months.

What else to know: You’ll need to wait 7 days before STD benefits begin. Disability benefits may vary depending on laws, your circumstances, and other factors.

Long-Term Disability (LTD)

Who it’s for: Employees who can’t work and have missed more than 6 months due to an injury or illness.

What you get: 67% of your base salary, up to a max of $25,000 per month.

What else to know: Disability benefits may vary depending on laws, your circumstances, and other factors.
 

Sabbatical

Travel. Finish writing that book. Pursue a hobby. Spend more time with your family. Wouldn’t it be nice to have a little extra time away to do these things? You do! Through PayPal’s sabbatical program.

Full- and part-time employees: Eligible for 4-week paid sabbatical once you complete 5 years of continuous service. All 4 weeks must be taken at once.

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