Thread regarding Wells Fargo & Co. layoffs

What happens to the unused pto hours?

Does anybody know? And once we sign electronically thats it? Man i sure have a lot of questions now lol but dumbed out while the mngr was reading me the memo

by
| 2397 views | | 9 replies (last December 8, 2020) | Reply
Post ID: @OP+18h31gqz

9 replies (most recent on top)

Unused PTO hours typically go to us in Meetings and Events as we work most weekends on the road and really far too many hours to get time comped. It’s rough but we make do and the PTO bucket really does boost morale.

by
| | Reply
Post ID: @2suh+18h31gqz

I sure felt that way when manager was reading me the notice. After 13 years in several positions never would have imagined this happening to me...and others with 2 years or less and coming to work hung over still there...smh....we shall move on

by
| | Reply
Post ID: @1tnn+18h31gqz

As noted you'll be paid out for accrued PTO. Be aware, at least in California, it's taxes pretty steep. Treated like a bonus.

by
| | Reply
Post ID: @1nis+18h31gqz

They will pay you for your unused PTO

by
| | Reply
Post ID: @xkl+18h31gqz

I’ll get my PTO paid out as long as I sign the separation letter

by
| | Reply
Post ID: @kfz+18h31gqz

they will pay out unused PTO after the notice period (60 days).

by
| | Reply
Post ID: @tel+18h31gqz

If accrued, paid out. It's on teamworks

by
| | Reply
Post ID: @xyf+18h31gqz

Depends what state you’re in. In California you get paid for them.

by
| | Reply
Post ID: @rpt+18h31gqz

You'll be paid out for your unused PTO directly after your termination.

by
| | Reply
Post ID: @ghe+18h31gqz

Post a reply

: