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vacation payout
Benefits & Compensation
vacation payout
Exchange ideas about health plans, retirement, work/life benefits, and employee assistance.
I am looking for data on the prevalence of paying a terminated employee for unused vacation --any suggestions?
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vacation payout

posted at 10/26/2000 3:51 AM EDT
Posts: 1
First: 10/26/2000
Last: 10/26/2000
I am looking for data on the prevalence of paying a terminated employee for unused vacation --any suggestions?
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vacation payout

posted at 11/1/2000 6:05 AM EDT
Posts: 8
First: 9/26/2000
Last: 10/8/2001
Most states treat accrued vacation as wages; therefore, unused, accrued vacation beomces payable at termination.
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vacation payout

posted at 11/3/2000 11:13 AM EDT
Posts: 1
First: 11/3/2000
Last: 11/3/2000
Colorado, Texas, and Florida require payout of accrued but unused vacation at the same time as all other wages are due when an employee is terminated.
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vacation payout

posted at 11/16/2000 4:36 PM EST
Posts: 495
First: 9/30/2000
Last: 8/19/2011
You definitely have to look at your state law. In most cases, vacation would be pro-rated based on the employee's service.

Check with your local laws on this one, don't put the terminated employee on a short stick. You know it will only haunt you in the long run.
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Forums » Topic Forums » Benefits & Compensation » vacation payout

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