Paid Time Off/Employee Leaving Company
michelle1
12 Posts
I've read several different renditions regarding paying "paid time off" when an employee leaves the Company. I have a client who wants to state in the Handbook that the Company does NOT have to paid accrued time off when an employee leaves IF the employee does not give a 2-week notice or only gives 1-week notice.
HELP! My understanding is that, if a Company has a paid time off policy, the employer must pay out accrued time when the employee leaves. We are indicating that employees may roll-over 5 days of PTO in the following year - if not used, will lose at year end. Pretty sure this is OK.
THANKS!
HELP! My understanding is that, if a Company has a paid time off policy, the employer must pay out accrued time when the employee leaves. We are indicating that employees may roll-over 5 days of PTO in the following year - if not used, will lose at year end. Pretty sure this is OK.
THANKS!
Comments
You need to be sure you check state laws that may apply. You can find state requirements for payment of earned vacation and/or sick days upon separation in [I]50 Employment Laws in 50 States[/I], available at HRHero.com. Also, [/SIZE][/FONT][/COLOR][FONT=Arial][SIZE=2]HRLaws.com subscribers can find information about this [URL="http://www.hrlaws.com/node/1075038"]here[/URL].
[/SIZE][/FONT]Sharon
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The point is this - if your location is listed in your profile, then those of us who are in possession of a state-by-state legal reference - say, for example, 50 Employment Laws in 50 States - could offer state-specific advice, rather than saying "depends on what state you're in".
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