Asking for our peers who were RIF'd or Rebadged...
Which states do have full PTO payout? I am not sure based on my state and I can't locate this in Pulse.
6 replies (most recent on top)
Ah, yes - but beware that you do not change to a state where income tax is compelled. You might find that state income taxes don't make up for the PTO payout.
So - get an address in one of those states (even a post office box) and have your mail forwarded from there. Change your address in Workday before your last day. Game the system and get your full payout.
Yes, PTO is paid out with a RIF if you're in one of the states that requires it.
Fun fact: Companies that offer "unlimited PTO" often do this because if they let someone go they don't have to pay out - since there's no set PTO days.
Google ‘states that require pto payout’ to get the list
tates that consider earned PTO as wages
The following states consider PTO as wages:
Arizona*
California
Colorado
Delaware*
Illinois*
Indiana1
Iowa
Kansas
Kentucky
Louisiana
Maine
Maryland
Massachusetts
Minnesota
Montana
Nebraska
North Dakota
Ohio1
Oklahoma*
Oregon
Pennsylvania
Rhode Island2
South Carolina
Texas
West Virginia
Wisconsin
Wyoming
- PTO is only considered wages if specified in an employment agreement or employer policy.
1 Considered as deferred compensation in lieu of wages.
2 Only applicable after one year of employment.
“Some states require payment for all accrued and unused PTO upon termination of
employment. Currently, this includes associates working in California, Colorado, Illinois, Louisiana, Massachusetts, Montana, Nebraska, North Dakota, Rhode Island and Maine.”