Business Management Daily
by Alice Bumgarner, Moderator on May 14, 2008 4:00am
in Admin Pro Forum
sick and vacation hours are combined and accrued in a bank we call ETO
(earned time off). The average full time employee accrues 10.15 hours
per two-week pay period. First year employees accrue a little less;
those with 10 years or more accrue a bit more. Whatever's left at
termination is paid out.
May 16, 2008 at 01:04 PM
our company, sick time (PTO) is 10 days per calendar year max. At
termination, only accrued vacation is paid out. Also, if an employee
were to leave at the end of June, for example, but had already taken 10
days of PTO that year, the 5 days not accrued could be deducted from
the accrued vacation.
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