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by Someone1234 3819 days ago
Taking that into account now I'm glad my current place of employment DOESN'T pay out PTO. You can accrue about two years worth but after you hit the cap you start to lose the days (just dropped, not paid out). They also don't pay out if you quit.

So I have no valid reason to convert my PTO into dollar amounts, so no specific guilt about using them. It also doesn't make sense for me to save too many as I could be fired tomorrow and lose them all...

PS - My employer does warn you if you're about to lose days at least a month ahead. A colleague took three weeks off last summer because they hadn't used enough in previous years.

1 comments

What state are you in? California requires PTO to be paid out when you leave.