Thread regarding Medtronic Inc. layoffs

New PTO Policy

What do you think about the new PTO policy. 80 hours of protected PTO for sick time, the remainder for personal time off. The total PTO remains the same. Effectively reducing personal time off to as little as zero or 40 hours (5 days) for newer hires.


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| 5232 views | | 23 replies (last February 26) | Reply
Post ID: @OP+1k8rcxzmg

23 replies (most recent on top)

They are trying to cut your PTO. You are hired as a you will receive 4 weeks and they cut to two week.

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Post ID: @h7b+1k8rcxzmg

@1jk it's just not much notice to employees in states who were previously allowed a bank of the full amount of PTO at 1.5x annual accrual. I have colleagues who might have to take 2 weeks off before the end of the year to make sure can accrue the 40 hours in their now smaller RPTO bank.

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Post ID: @1m6+1k8rcxzmg

@bd nothing is changing with the rollover. You can still carry unused RPTO to the next year and must be used by end of April or will be forfeited. Unused PPTO hours carryover to the next year and are not forfeited.

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Post ID: @1m5+1k8rcxzmg

@fr exactly what is confusing? You have a protected bucket you can use for protected reasons or as regular PTO. Unless you are in a state that allows 1.5x accrual there is no change for you other than not being able to cash out the protected bucket if you leave. Just use your PPTO bucket first every year.

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Post ID: @1jm+1k8rcxzmg

@114 don’t hoard your time off and you’ll get the accrual

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Post ID: @1jk+1k8rcxzmg

Wow, a couple good nuggets here and a whole bunch of inaccurate information. Read the FAQ, it's all spelled out. And while it isn't a huge change, it is not a change that favors employees.

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Post ID: @15k+1k8rcxzmg

For employees in states like CA, CO, etc the new policy could hurt a lot - did you see the rolled over time from 2025 will fill the RPTO bucket first? Depending on how much PTO you have now it could keep you from accruing the normal 40 hours at the start of the new year.
Overall we’ll be able to carryover less because the PPTO bucket only holds one year of accrual, not 1.5 years. But that’s less of a big deal to me than losing out on the accrual.

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Post ID: @114+1k8rcxzmg

@c4 no. These changes are to be compliant with the MN laws for requiring employers to provide safe and sick time.

https://www.dli.mn.gov/sick-leave

As typical of Medtronic rollouts, it’s not been clearly communicated, confusing, and appears to be implemented by a recent grad with limited workplace experience. Which means, I’m 99% sure Medtronic has overpaid a consultant for this…

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Post ID: @fr+1k8rcxzmg

@bd, probably, but I'm also wondering why medtronic wouldn't just convert to unlimited pto if they didn't want to pay out for terminations?

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Post ID: @eg+1k8rcxzmg

@bs Depends on which state you live in, many states laws say all PTO, regardless of sick or regular must be paid out.

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Post ID: @e7+1k8rcxzmg

Let’s have a PPTO sick out!

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Post ID: @e5+1k8rcxzmg

Mental health days to the rescue.

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Post ID: @cf+1k8rcxzmg

Project Octane. You can personally thank Thierry if he’s ever in the office.

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Post ID: @c5+1k8rcxzmg

Does this imply MDT is planning mass layoff next year ? T

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Post ID: @c4+1k8rcxzmg

Key considerations: Should you intend to resign or anticipate a RIF, prioritize exhausting your protected PTO, as these days are not eligible for payout upon separation—effectively mitigating MDT's financial exposure.
In practice, your standard PTO remains intact if utilized for extended breaks (e.g., one week in summer and another at Christmas). Absent termination, no distinction applies to now.

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Post ID: @bs+1k8rcxzmg

You will not be able to roll over unprotected pto and protected pto will not be paid out upon termination of employment except where required by law. The goal is to pay out as little pto as possible when they roll through with layoffs in Q4. Change my mind.

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Post ID: @bd+1k8rcxzmg

Oh please you winney old farts, 2 week protected PTO out of your 7+ weeks total PTO, Give us a break .

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Post ID: @b9+1k8rcxzmg

@am Depends on the state, some states require the protected time to be paid our or 10 times the amount if they don't

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Post ID: @b6+1k8rcxzmg

@am

That's the drawback, but you can now roll over accrued protected time to the next year.

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Post ID: @aq+1k8rcxzmg

The devil’s in the details - read the FAQ (linked in the email). Protected time can never be over 80 hours so you’ll stop accruing until the balance goes down. If you leave the company your protected hours DON’T get paid out, you only get regular PTO (except where required by state law).

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Post ID: @am+1k8rcxzmg

2 weeks or 10 days of sick time, bigger question can you roll it over? People bi--h about snow days, well just call in sick is MDT new solution. IDK

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Post ID: @ag+1k8rcxzmg

https://www.paycor.com/resource-center/articles/pto-payout-laws-by-state/

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Post ID: @ac+1k8rcxzmg

Can use protected time for nonprotected cases - it seems like n0 impact to me

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Post ID: @a2+1k8rcxzmg

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