Thread regarding Wells Fargo & Co. layoffs

Payout of Accrued PTO Upon Separation

Question:

Some cities/states require employers to offer sick time above and beyond normal PTO.

According to the Leaving Wells Fargo doc, accrued PTO is paid (if appropriate) with the final check.

Does anyone know if accrued sick time (in cities/states where it is required) is paid (if appropriate, whatever that means) as well? Or is it a use it or lose it scenario?

I doubt that it is but just wanted to see if anyone has experienced this event, yet.

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| 1365 views | | 6 replies (last June 10, 2021) | Reply
Post ID: @OP+1bfnNREY

6 replies (most recent on top)

@1gnu+1bfnNREY you're wrong. As an employee in AZ, I have standard PTO and sick PTO. 5 days a year.

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Post ID: @2gtf+1bfnNREY

@ syf+1bfnNREY in AZ if you use any "sick time" it hits that bucket but also your overall PTO. The sick time bucket is for reporting only, there is not an additional allowance for sick time.

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Post ID: @1gnu+1bfnNREY

Some states require a different bucket for sick time. Arizona is one of them. If you are in one of those state set up with a separate PTO for sick time, you do not get that when you leave.

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Post ID: @syf+1bfnNREY

Sick time PTO is not included in the separation PTO. Use it or lose it.

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Post ID: @zwj+1bfnNREY

May vary by city/state depending on local law, but every law I've read works with our PTO exactly as the previous poster described.

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Post ID: @mhh+1bfnNREY

I recently resigned from WF and worked in Minneapolis which has paid sick and safe time ordinance. I'm not sure how most cities handle it, but generally WF's paid time off policies are more generous than the local required sick and safe time. Therefore, WF complies with local ordinance by having a separate Time Tracker bucket for sick and safe time for use when time off meets the conditions of the ordinance, but using this time deducts from the overall PTO balance. Therefore there was nothing extra to be paid out, beyond my normal PTO balance, at separation.

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Post ID: @rjv+1bfnNREY

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