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Leaving a job- PTO and extended illness bank payouts

Posted on 5/31/16 at 10:42 am
Posted by TechDawg2007
Bawville
Member since Nov 2007
32279 posts
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 by MSMHater
Houston
Member since Oct 2008
22819 posts
Posted on 5/31/16 at 10:46 am to
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.
This post was edited on 5/31/16 at 10:47 am
Posted by wfallstiger
Wichita Falls, Texas
Member since Jun 2006
12010 posts
Posted on 5/31/16 at 12:05 pm to
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
Posted by Epic Cajun
Lafayette, LA
Member since Feb 2013
33887 posts
Posted on 5/31/16 at 1:45 pm to
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.
Posted by poops_at_parties
Member since Jan 2016
1545 posts
Posted on 5/31/16 at 8:21 pm to
I don't think there are any laws that dictate this.
Posted by GCTigahs
Member since Oct 2014
2132 posts
Posted on 5/31/16 at 9:36 pm to
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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