#1  
Unread 03-20-2003, 08:18 AM
rfrettoloso
 
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Default Sick Time Payout At Termination

My company has a policy of paying terminiated employees for their accrued sick time when we terminate them, but we don't pay this to employees who resign. Resigning employees only receive accrued vacation. Does anyone else have a similar practice?

Thank you,
Rose
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  #2  
Unread 03-20-2003, 08:32 AM
Gillian
 
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Default RE: Sick Time Payout At Termination

I expect that you will get a bunch of "no's." It is not common, at least in the private sector, to pay out unused sick leave. Company policy covers this issue and you can have any kind of policy you want. It is very unusual to reward those who are terminated more than those who resign.
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  #3  
Unread 03-20-2003, 09:51 AM
jimlegal
 
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Default RE: Sick Time Payout At Termination

Our policy is that we only pay for unused sick leave at retirement. If a person is terminated or resigns with unused sick leave, they loose it. Our policy also defines that sick leave is only to be used for illness, not personal days, doctor appointments, dental appointments, etc. We also have a cap on the maximum amount of sick leave days you can accrue. With regard to sick leave you write the policy, you wish to enforce. Wish you well with your situation.
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  #4  
Unread 03-21-2003, 12:04 AM
ray a
 
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Default RE: Sick Time Payout At Termination

When employment is terminated, for whatever reason, personal and vacation time accrued during that calendar year is paid out. We do not allow employees to carry over accrued time from year to year. At the end of the year we reimburse up to 5 days of combined accrued time, the rest is forfeited.
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  #5  
Unread 03-21-2003, 01:05 AM
Terri
 
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Default RE: Sick Time Payout At Termination

We are very fortunate here. At termination or retirement, we pay all vacation, personal time accrued and 1/2 of the sick time up to 480 hrs.
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  #6  
Unread 03-21-2003, 01:37 AM
Don D
 
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Default RE: Sick Time Payout At Termination

Well, I was going to say I agree with all the other posters until I read Terri's. With the exception of state government, which at retirement will convert sick and other time to years of service, I've not known of any company which does any sort of sick leave payout. That seems to be tossing money into a twister. If the thought is that such a policy will encourage them to not take sick leave when they know they are going to terminate, the counter to that is that they aren't going to be worth much anyway if they're on the verge of termination, so let them burn it.
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  #7  
Unread 03-21-2003, 01:47 AM
HR in PA
 
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Default RE: Sick Time Payout At Termination

Upon termination, resignation or retirement, we pay all accrued time to the employee. This includes all sick, vacation and personal time that is outstanding. Employees are allowed to accumulate up to 30 sick days in their bank. There is no cap on vacation/personal time accrual.
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  #8  
Unread 03-21-2003, 01:57 AM
Terri
 
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Default RE: Sick Time Payout At Termination

Don, you are right. We are a quasi-municipality. When I was first hired, we were able to accrue sick time up to 1440 hrs. Upon retirement, employees were paid 1/2 of anything over 720 hrs. The State Retirement system would take all hrs. not compensated and apply them toward earnable credits for retirement. However, that policy has changed. Anyone who had over 480 hrs accrued was paid 1/4 of its worth up to 720 hrs., then 1/2 for anything over 720 hrs. The rest went bye-bye and the employees can only accrue up to 480 hrs now. A lot of employees lost their earnable credits for retirement.
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  #9  
Unread 03-21-2003, 02:01 AM
Terri B
 
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Default RE: Sick Time Payout At Termination

This is another advantage to a PTO system. We do pay all awarded PTO (it is accrued each pay period and awarded on pay day) when employees resign and give the required notice (2 weeks for hourly and 4 weeks for exempt). All others forfeit. We do not have to distinguish between different pay types. A great advantage. We also have a donation and conversion policy.
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  #10  
Unread 03-21-2003, 02:32 AM
Mentel
 
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Default RE: Sick Time Payout At Termination

I would never 'require' two weeks or four weeks notice to get paid out benefits. This jeopardises your employment-at-will status. We pay out accrued vacation but not sick days. They always disappear at any kind of termination.
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