Balance
Paid Time Off
Time Off (Vacation Accrual)
Zovio
Vacation time accrues as follows:
| Length of Service | Accrual Rate |
| 0 to three years of employment | 10 days or 80 hours annually |
| Third anniversary to fifth year anniversary | 15 days or 120 hours annually |
| After fifth anniversary | 20 days or 160 hours annually |
Associate Directors and Sr. Managers will accrue fifteen (15) days per year and after three (3) years of service will accrue twenty (20) days per year.
For Directors and above, please refer to Section 7.2 for the Self-Managed Vacation Policy.
TutorMe
Vacation time accrues as follows:
| Length of Service | Accrual Rate |
| 0 to 1 year of employment | 15 days or 120 hours annually |
| First anniversary to third year anniversary | 20 days or 160 hours annually |
| After third anniversary | 25 days or 200 hours annually |
For Sr. Directors and above, please refer to Section 7.2 for the Self-Managed Vacation Policy.
Fullstack
Vacation time accrues as follows:
| Length of Service | Accrual Rate |
| 0 to 1 year of employment | 15 days or 120 hours annually |
| First anniversary to fourth year anniversary | 20 days or 160 hours annually |
| After fourth anniversary | 25 days or 200 hours annually |
Starting 12/31/2022 (to 1/1/2023), employees will only be allowed to carry over up to eighty (80) hours of accrued vacation time each calendar year (unless the employee lives in a state where this is prohibited). NO exceptions will be made to this policy, so please plan accordingly.
Accrued vacation that has not been used will be forfeited at the time of resignation or termination unless the employee lives in a state where payout is required by law.
For Vice President’s and above, please refer to Section 7.2 for the Self-Managed Vacation Policy.
Other Time Off
A combination of paid sick, vacation and other time off is available to help you maintain a flexible work-life balance.
Sick time can be used to attend routine doctor appointments or to address personal and family members’ health needs, amongst other potential reasons.
- 40 hours of sick leave are provided to you on an annual basis
- Up to 40 hours of earned but unused paid sick leave can be carried over from one plan year to the next (plan year is measured by your date of hire)
- No more than 80 hours can be in your sick leave bank
- Unused sick time will not be paid out upon termination of employment
Bereavement leave is available to attend the funeral or memorial service of a member of your immediate family. Your will be granted up to three (3) scheduled workdays. Refer to the employee handbook for a definition of immediate family member.
Other time off such as Personal or Hardship Leave for family or medical reasons may be honored based on state and federal law. Refer to the Employee Handbook for further details on these additional benefits.
Vacation Cash Out
16 Hours of Paid Time Off to Volunteer*
Giving back is important to us at Zovio – it is part of who we are and an important part of our culture. You can take time off in two-hour increments, during your normal work schedule, to volunteer at the charity of your choice with up to 16 hours of paid time off.
*Must be used within each calendar year, between January 1 and December 31. Unused days will not roll over to the next year.
