PPTO and PTO - what is paid out in Feb? - post regarding Sam's Club layoffs

PPTO and PTO - what is paid out in Feb?

Yes, I've read what it says on the wire:

• Your entire unused Protected PTO balance always carries over to start the new plan year.
• When your Protected PTO balance is 80 hours or more , all of your PTO balance turns into cash on your first check in February.
• When your Protected PTO balances is less than 80 hours, a portion of your PTO balances carries over to meet the carryover requirement. Once the combined balance of Protected PTO and PTO equals the carryover requirement, any remaining PTO turns into cash on
your first check in February."

But it's still confusing. Does it mean you can't save past 80 hours? That hours past 80 are paid out in Feb, like it or not?

Right now I have 48 pto and 48 ppto. How much of this is going to be paid out in Feb? 16 hours? More?

It doesn't just keep accumulating?

Ppto is far more important than the pto for me. If I use the pto, will I be able to keep the ppto?

Comment! It's anonymous!

12 replies (most recent on top)

If you are full time you can only roll over 80 hours total. So in the new year you only have protected to start but if you are taking a vacation you can use your protected.

WHAT HAPPENS IF U HAVE 96 HRS. IN PPTO? WILL IT CASH OUT AFTER 80?

IF I DON'T HAVE 16 HRS. IN PTO & 96HRS. IN PPTO, WILL MY PPTO CASH OUT OR WILL THEY ROLL OVER?

@2dgf you can only accumulate 48hrs a year, but when the next year starts you can add another 48hrs again.
So if you ended the year at 48hrs PPTO, you then start accruing again. So if you didn't use any PPTO again for the second year at the end you would now have 96hrs PPTO.

What would be great is if our company had a position that dealt with all these questions, hiring, associates concerns, etc.. .....oooooh wait, they eliminated that position.

What happens if you quit or get fired, will they pay you both pto and ppto? Or will they rob us again? This company is sneaky when they come up with these changes all in favor to s c r e w us...

I'm pretty sure you can only have 48 hours of PPTO at any given time. Then it goes to your PTO.

To: "Read the wire please. Protected rolls over no matter the amount. PT0 PAYS OUT OVER 80."

Not only did the poster read the wire, they posted what is written on the wire in the post. Geesh.

It’s confusing on the wire. Let’s say after two years you’ve accumulated 96 hours of protected. You would cash out all your regular. This means every new fiscal year, you would have to wait 2 months or so to build enough regular pto again to take off from work(Vacation). Unless, they allow you to use your banked protected pot, which I believe is limited to calling off/missing scheduled work days.

At that point, why wouldn’t I call off and use my protected so that I can have at least 40 hours of regular roll over?

The way it should work is that protected is unlimited rollover, so I’m rewarded for not calling out. And we still get to hold up to the additional 80 hrs regular.

Protected PTO that you don’t use will just roll over to the next year, with no maximum or limit.

Regular PTO saved at the end of the year can turn into cash! If you’ve got 80 or more hours of protected PTO (48 hours for part-time), you’ll cash out any remaining regular PTO. If you don’t have that much protected PTO, you’ll carry over enough regular PTO to make up the difference, then cash out any remaining time.

All of this happens on February 1, when a new PTO “plan year” begins. Any cash-out amount will show up in your first February paycheck.

Read the wire please. Protected rolls over no matter the amount. PT0 PAYS OUT OVER 80.

Thanks.

They take your 48hrs PPTO, add in 32hrs from PTO to get you to 80hrs. Then pay you out the 16hrs PTO left over

Thread regarding Sam's Club layoffs

PPTO and PTO - what is paid out in Feb?

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