Exempt Employees entitlements
My Director recently attended a meeting at which an HR person stated that if an exempt employee has used up all their vacation and PTO and misses a day or two or three (less than a week) that the employer is obligated to pay full salary. According to this HR person, the only way around the event was to have the employee sign a salary reduction agreement. Could this be true? I sure hope not. If it's true, then what is the point of vacation and PTO policy?