Accrued Paid Time Off
slefay
1 Post
We offer two forms of Benefit or Paid Time Off. One is Vacation Time and one is Personal Time. We combined our Sick, Personal, a Birthday (that we had previously offered) into a total bank titled PTO. Employees accrue the PTO per pay period.
I have read two things recently, that state any accrued time (Vacation, Sick, Personal- etc.) must be paid out to the employee upon termination. Do any of you know if this is true. We have always paid out vacation time upon termination, but not sick. Any help would be great.
I have read two things recently, that state any accrued time (Vacation, Sick, Personal- etc.) must be paid out to the employee upon termination. Do any of you know if this is true. We have always paid out vacation time upon termination, but not sick. Any help would be great.
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