Thread regarding Citigroup Inc. / Citibank / Citi layoffs

if we are getting laid off in april, do we get 4 months of PTO?

And if so, how many hours is that accumulated? Is that like half a paycheck extra overall?


by
| 22 views | | 8 replies (last April 13) | Reply
Post ID: @OP+1knxn5dx9

8 replies (most recent on top)

Funny (well not funny). I am currently in my non-working period since Feb. My last 2 pay stubs show PTO was used. I must have scheduled some and forgot to cancel it before my non-working period. I meet the rule of 60 so I will get my full year's PTO bank. I had to open a ticket for each pay stub to ask that the PTO get credited back and regular time used. Still waiting on those tickets being resolved. Why in the world would they use PTO in the non-working period when clearly I am not on vacation? LOL. Right hand doesn't know what the left hand is doing.

by
| | Reply
Post ID: @n6+1knxn5dx9

You will receive what you have accrued between Jan 1 and your termination date.

by
| | Reply
Post ID: @mt+1knxn5dx9

@fg

To get the full Yr PTO under the rule of 60, does one need to be over 50 also? Thnx

by
| | Reply
Post ID: @j0+1knxn5dx9

If you meet the rule of 60 you get the full year pto.

by
| | Reply
Post ID: @fg+1knxn5dx9

@c7 what if you were laid off in February and your last day is the 21st? My bad this is what I wanted to say actually.

by
| | Reply
Post ID: @dg+1knxn5dx9

@by

You misunderstand the question, boss. They’re asking if they’d get 4 months accrued time off. For example annual allowance / 3. Although four full months would be nice, but it’s not asked for here.

by
| | Reply
Post ID: @c9+1knxn5dx9

@by

The OP is probably asking about 4 months worth of accrued PTO from Jan to April.

The answer is yes and no.
If you're laidoff in April, your official termination date is in June or July depending on if your State is 60 or 90 days WARN Notice.

If 60 days and assuming you're laidoff April 15 cause Citi's pattern has been about mid-month 14, 15, 16, 17 (Oct through June), you'll continue to accrue PTO until June 15.

If you booked/took some PTO between Jan to April, Citi will deduct your PTO taken from what you accrued.

by
| | Reply
Post ID: @c7+1knxn5dx9

no. Why would you think you get 4 months pto?

by
| | Reply
Post ID: @by+1knxn5dx9

Post a reply

: