This is my first job in a formal office setting and I have never heard of a policy like this before, even through 4 years of business college. I just wanted to try and gauge if this is a common policy or if my company is just being extra predatory.
For clarification in case my title wasn't clear enough, the policy is like this. You are scheduled for a 5 day work week, to work 8 hours per day. if you work 7 hours on one of those days, one hour of your Paid Time Off gets deducted, and supplemented into the hour you 'missed.' The company is still paying out on PTO hours but is making the decision for you when that PTO is spent…