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Leaving a job- PTO and extended illness bank payouts
Posted on 5/31/16 at 10:42 am
Posted on 5/31/16 at 10:42 am
If you leave a job do they have to pay you for any remaining PTO time and extended illness time you have accumulated? If so, do they pay them at %100? And do they have to pay out the extended illness time you have accumulated?
This post was edited on 5/31/16 at 10:43 am
Posted on 5/31/16 at 10:46 am to TechDawg2007
They have to follow office policy, so it's dependent on your employer.
I've had offices that did not payout PTO in order to make you take time off. I've had offices that paid out PTO, but not sick leave.
Matter of fact, I can't ever remember being paid, or having to payout, for accumulated sick leave. Most companies just payout unused PTO in my experience.
I've had offices that did not payout PTO in order to make you take time off. I've had offices that paid out PTO, but not sick leave.
Matter of fact, I can't ever remember being paid, or having to payout, for accumulated sick leave. Most companies just payout unused PTO in my experience.
This post was edited on 5/31/16 at 10:47 am
Posted on 5/31/16 at 12:05 pm to TechDawg2007
My PTO, up to a point, was.
My sick leave was not...however, if I had returned to employment I believe up to 300 hours would be logged for use, assuming that much had been accumulated
My sick leave was not...however, if I had returned to employment I believe up to 300 hours would be logged for use, assuming that much had been accumulated
Posted on 5/31/16 at 1:45 pm to TechDawg2007
At my last job I was paid out up to 300 hours of vacation time at 100%, the payout for more than 300 was lower, but I didn't have over 300 hours so I'm not sure what it was.
I didn't get paid for sick time.
I didn't get paid for sick time.
Posted on 5/31/16 at 8:21 pm to TechDawg2007
I don't think there are any laws that dictate this.
Posted on 5/31/16 at 9:36 pm to TechDawg2007
My company's handbook states they pay you 2/3 of accrued PTO as long as you leave in good standing. So like others have said, it's probably left up to corporate policy.
This post was edited on 5/31/16 at 9:37 pm
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