I have 77 hours of PTO accumulated. What will happen to it if I’m let go tomorrow?
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@bn I doubt that. I didn’t state my actual PTO hours on purpose in case my Supervisor stalks these threads like I know they do. I have actually way more than 77 hours. Some of which was purchased so I’m having a hard time using all of it . What is used first the accrued or purchased?
@ee
"I got twice the severance as someone else on my team, because they don’t want lawsuits"
My understanding is that severance is tied to years of service. Did they offer you a retirement package?
Take your PTO. Don’t count on Optum paying it out. As someone stated, it’s state mandated whether you will get all of it if you’re RIFed. And anyone who hasn’t taken the floater…take the floater! I took mine a week before I got let go. Last bit of input - I belong to more than one protected class, and let it be known in a casual way to my team and manager. I got twice the severance as someone else on my team, because they don’t want lawsuits. Don’t trust this company - they are not your friend, and HR is not your advocate
@bn Who?
@bn who?
Yep optum handbook says pto is granted not earned and they dont pay out unless required by your state.
I am part of WellMed and have made sure to keep my PTO at 40, since they laid off many people a few weeks ago and they were only allowed to keep 40.
I know who you are now
Depends on the state you live/work in and their labor laws. For example, IL and CA require employers to pay out all PTO upon discharge from the company. This includes being fired, RIFed or if you voluntarily quit. My suggestion is you consult your state labor laws.
It all depends on what state you live in. For most states, they will only pay you out for 40 hours when they lay you off. But some states have requirements that employers have to pay out 80 or more hours. You can look it up online at work though.
@OP. Unless part of lay off deal, you will lose. PTO is granted NOT accrued.