If I have 10 days PTO left in the year and get laid off in Nov, will that be paid out in full or since the non working notice runs thru Jan and at that point PTO resets, I lose the 10 day PTO payout?
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Your 60 day notice is considered as working for the bank. So whatever you would have accumulated 60 days from now will be paid out at first paycheck of severance.
Doesn’t your answer need to vary by state?
You will lose unused PTO over 40 hours. up to 40 hours will roll to 2025. When you reach the end of your 60 days in early 2025, what was rolled over plus what was accrued in early 2025 will be paid out.
In other words, if you are sure you will be laid off in November or December, start burning your PTO now,saving only 40 hours to roll over.
Go into the workday request tool. Change the date to your final date. That will then tell you how much you’ve accrued & would be due as payout.
You will be paid out for unused pto.