#pto

Rumors of company moving to take-as-you-go PTO, should I take my accrued PTO?

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Rumors of company moving to take-as-you-go PTO, should I take my accrued PTO? I heard rumors of my company moving to “unlimited” PTO, then the marketing director off the record confirmed that it’s not just a rumor, and the company is doing it to save money. I should’ve asked when it was starting, but I was on my way to the bathroom lol Open enrollment is in 2 weeks, how likely is this policy starting next year? Would the …

Reddit Personal Finance 426 2024-11-03

Is there a tax difference between selling PTO and when my PTO is cashed out when I leave my company?

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Is there a tax difference between selling PTO and when my PTO is cashed out when I leave my company? Located in Massachusetts where they have to pay any accrued PTO at the end of employment. My current employer uses 1 single bank for all time off. We have the option to sell up to 80hrs throughout the year but can only do so twice a year. Previously I would sell 40hrs in April and 40hrs in October. However this upcoming year, I may choose to dep…

Reddit Personal Finance 1.2k 2024-10-28

resigning – take vacation or PTO payout

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resigning – take vacation or PTO payout hi all, not sure if this is the right sub for this but i am considering resigning from my job but still have about two weeks of paid vacation. i’m trying to figure out if there’s any real meaningful difference from a financial perspective between taking the vacation (and collecting regular pay) vs quitting earlier and getting paid out for my unu…

Reddit Personal Finance 585 2024-06-22