If you quit, does accrued PTO get paid out? Any circumstances where this is not true?
7 replies (most recent on top)
In researching this, I found the following statement:
If the employee's termination is by displacement, the employee is not required to repay PTO used in excess of the PTO accrued at the time of termination.
So if I happen to be in one of those states the doesn't REQUIRE a company to pay out PTO, but leaves it up to the company, am I sc--wed if I quit? Or does internal Wells Fargo policy require it to be paid out?
As long as you live in a state that considers PTO wages.
Some states do not.
Yes, but NOT personal holiday time I know this from personal experience.
Yes. If you use the estimation tool in Workday, inputting the final date of your notice period, it will tell you exactly what you will receive.
Yes, I quit Q4 last year and was paid out on a separate check.
yes, it is money owed to you that WF has to keep on the books.