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Here Are the Highlights From the TIME100 Impact Awards and Gala. Recognizing global leaders who have gone above and beyond to move their industries—and the world—forward.
Mar 25, 2022 · The TIME100 Impact Awards—which debuted in spring 2022 in Dubai, and will reconvene October 2022 in Singapore—recognize leaders who, through sustained effort, have done extraordinary work...
Apr 27, 2024 · The TIME100 Gala is TIME’s annual celebration of the TIME100 list of the world’s most influential people. The Gala brings together icons, leaders, change-makers, and celebrities from across...
- Introduction
- Legal Authorities
- Major Features
- Eligibility Criteria
- Basis For Granting Time–Off Awards
- Uses of Time-Off Awards
- Possible Advantages of Using Time–Off Awards
- Possible Disadvantages of Using Time–Off Awards
A time–off award is time off from duty, without loss of pay or charge to leave, granted to a Federal employee as a form of incentive or recognition. This paper addresses time-off awards in the Federal Government. We provide this information for all Federal employees, particularly supervisors, human resources professionals, performance management pr...
Statute
Paragraph 4502(e) of title 5, United States Code, states the Office of Personnel Management may by regulation permit agencies to grant employees time off from duty, without loss of pay or charge to leave, as an award in recognition of superior accomplishment or other personal effort that contributes to the quality, efficiency, or economy of Government operations.
Code of Federal Regulations
Paragraph 451.104(a) of title 5, Code of Federal Regulations, permits agencies to grant time-off award without charge to leave or loss of pay; (consistent with chapter 45 of title 5, United States Code, and these regulations) to an employee, as an individual or member of a group and 451.104(f) prohibits time-off awards from being converted to a cash payment.
Agency Policy
Agencies have their own internal policies for establishing and administering time–off awards to enhance their overall awards program and to support the achievement of the agency's goals and mission. Back to Top
Time–off awards are a unique form of award agencies can grant Federal employees. (The other forms of awards are cash, honorary items, and informal recognition items). Agencies decide when and how to use time–off awards to enhance their overall awards program and support the achievement of the agency’s goals and mission. Major features of time-off a...
Most Federal employees are eligible for inclusion in a time–off award program. Federal agencies may grant time–off awards to any Federal civilian employee, either as an individual or member of a group, who meets the definition of employee in Section 2105 of title 5, United States Code. This definition includes an individual appointed in the civil s...
Agencies may grant time-off awards for— 1. a suggestion, invention, superior accomplishment, productivity gain, or other personal effort that contributes to the efficiency, economy, or other improvement of Government operations or achieving a significant reduction in paperwork; or 2. a special act or service in the public interest in connection wit...
Agencies may use time–off awards as incentives or as recognition. Incentives help focus employees on the organization’s goals and promise specific rewards to employees who provide specified results that significantly help to achieve those goals. Incentives identify and communicate goals and reward formulas at the beginning of the performance period...
Perceived to be More Equitable
Various employees can receive awards of comparable value. For example, since the "currency" for these awards is time, agencies can award the same number of hours to employees in different grades for the same, or comparable, achievements, thus eliminating any perceived inequity associated with grade differences.
No Additional Taxation
Time–off awards do not have explicit cash value and do not change the employee’s income. As a result, time–off awards are not subject to additional tax withholdings. Agencies deduct tax withholdings from the salary paid during the period the time–off award is used, just as agencies deduct tax withholdings when employees use annual or sick leave or other forms of authorized paid absence.
Immediate Reinforcement
Time–off awards can be one of the award forms most closely linked to the time and place of the accomplishment. Agency policy may permit immediate supervisors to grant them, and in some situations employees might be able to use them immediately.
Loss of Productivity
Because agencies do not have to provide additional cash outlay with time–off awards, they may not realize the real cost of these awards often can exceed the cost of paying for cash awards. Although agencies budget for salary expenses, managers may overlook the financial impact of time-off awards. A 40 hour time–off award represents about 2 percent of the employee’s total salary (not including benefits) the agency is paying even though the employee is not working. Managers need to take into co...
Employees with "Use or Lose" Annual Leave
Unlike new employees who have not accumulated much leave, employees with “use or lose” leave may not appreciate a time–off award since additional paid time off may not be something they need as much. In addition, the agency would be losing additional valuable hours from a veteran employee when they use both their award and their “use or lose” hours.
External Perception
Agencies should consider the possible public perception of time–off awards. It could appear to the public (and to Congress) that an agency that gives substantial, frequent, or large numbers of time–off awards could be overstaffed since it can complete its mission while these employees are absent. Also, agencies must be careful not to abuse the time–off award authority by granting everyone in an organization a time–off award at the same time whether everyone deserves the recognition or not. Fo...
Mar 27, 2024 · Today, TIME reveals the 2024 TIME Earth Awards, recognizing individuals influencing the future of the planet through their work on climate justice, awareness, and activism.
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Apr 27, 2023 · Actors Ke Huy Quan and Drew Barrymore present Steven Spielberg with the TIME100 Impact Award at the 2023 TIME100 Gala at Lincoln Center in New York on April 26, 2023.
Feb 9, 2023 · The TIME100 Impact Awards—which debuted in spring 2022 in Dubai—recognize leaders who, through sustained effort, have done extraordinary work to shape the future of their industries and the...
