Do I get compensated for all the PTO I have accrued?
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This was changed dramatically a few years ago.
From the exempt guide:
"Except as provided by law in certain states, team members
accrue vacation and personal holiday time only as a gratuity or a gift, not as wages, and
salary or other wages are not paid in lieu of unused vacation and personal holiday time."
"What about termination, what happens then?
Accrued but unused vacation time. As explained previously, Target’s vacation time is a
gratuity or a gift offered by Target and is not considered wages or paid in lieu of taking
vacation time unless required by law. Thus, if your employment is terminated for any reason,
whether voluntarily or involuntarily, all unused vacation accrued after January 1, 2016 will be
forfeited unless you work in California, Colorado, Illinois, Massachusetts, Montana, Nebraska,
North Dakota, or Rhode Island, or your employment ends because of your retirement or death.
If you have any unused vacation earned prior to January 1, 2016*, or you work in one of the
states listed above, your vacation will be paid to you upon termination. If required by law,
payment of accrued and unused vacation will be paid in a lump sum.
Accrued but unused personal holiday time. Personal holidays are also a gratuity or a gift
offered by Target and are not considered wages or paid in lieu of taking personal holidays
unless required by law. Therefore, personal holiday hours earned but unused will not be paid to
you upon termination, whether voluntary or involuntary, unless you work in California,
Colorado, Illinois, Massachusetts, Montana, Nebraska, North Dakota, or Rhode Island.**If
required by law, payment of accrued and unused personal holidays required by law will be
paid in a lump sum."
tl;dr: use it or lose it in most states
Yes, of course, but they'll withhold the tax on it.