Does anyone know if L6 TM’s who still have a vacation balance will get paid for it if let go Tuesday?
5 replies (most recent on top)
There will not be any vacation payout for any level.
@OP I was in the same situation as you, L6 who had unlimited vacation but still had a balance left. If you live in MN unless you qualify for retirement you will not get paid out for it. I was recently laid off.
If you are accruing vacation, you will only receive it in an RIF if you are retirement age or your state’s laws.
The reason is about $14M(?) was paid out in vacation hours in 2015. TGT was not going to take that hit ever again.
@a1 yes, but they take away 2 weeks per year from your balance until it is gone. I was maxed out on vacation when they implemented the unlimited “benefit” 🙄
Don't L6 get unlimited?