Thread regarding Wells Fargo & Co. layoffs

Pay for unused PTO?

When you leave WF, do they pay out for unused PTO?

by
| 2781 views | | 9 replies (last July 22, 2021) | Reply
Post ID: @OP+1bWGRSWA

9 replies (most recent on top)

Accrued and carryover only.

by
| | Reply
Post ID: @1ukv+1bWGRSWA

Only what you have accrued. What is in time tracker isn’t accurate — it represents an annual allotment, not a live accrual. If you’ve taken more than you accrued and you leave they send you a bill. Happened to a colleague of mine. Wells Fargo sends you a bill to pay them back for your PTO.

by
| | Reply
Post ID: @kyf+1bWGRSWA

Yes, you get paid for accrued PTO...not PTO you would have accrued in the future if you were still with the company.

by
| | Reply
Post ID: @xxm+1bWGRSWA

You will but is typically prorated based on when you leave because "technically" you only get X time per pay period. I think by end of October you've earned it all. The employee handbook probably has the specific breakdown. But, if you use more than you've earned, they will deduct it from your final paycheck.

by
| | Reply
Post ID: @rnl+1bWGRSWA

Yes, except personal holidays and flex holidays I believe. Always burn those first.

by
| | Reply
Post ID: @frv+1bWGRSWA

It is the sole reason I havent been using it at all.

by
| | Reply
Post ID: @ebf+1bWGRSWA

Yes, therefore you should use floating holidays before PTO if you have any left because you don't get paid for floating holidays if you leave.

by
| | Reply
Post ID: @cdh+1bWGRSWA

They do. By law.

by
| | Reply
Post ID: @ivy+1bWGRSWA

No, it gets direct deposited to those on "professional assignment". Seriously, if only there was a place to look for this information...

by
| | Reply
Post ID: @pqb+1bWGRSWA

Post a reply

: