How does PwC pay out the remaining PTO balance? Is it based on the salary at the time of exit? Heard a rumor that it’s calculated based on when it’s accrued.

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It’s LIFO. So if you never zero out your PTO it will be paid out at your starting salary.

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It is based on when it’s accrued

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FIFO or LIFO and... If you maxed the accrual, would they lock it in at that amount, or would it be updated each pay period you worked at a potentially higher salary but weren't eligible to accrue more?

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Same question as pwc2. I’ve been maxed out for a year almost....

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Damn, I never thought much about it, but I originally thought it would just be based on your current rate. FIFO makes sense though and is fair. I be kinda pissed if it was LIFO

It’s based on LIFO

The numbers are fake but let's say:

You can accrue 50 hours a year, and get capped at 150 hours and you use 0.

After year 3 you have 50 @ salary 1, 50 @ salary 2 and 50 @ salary 3.

After year 4 you should have 50 @ salary 2, 50 @ salary 3 and 50 @ salary 4.

The lower accrued balance should drop off. Is this really not the case?

No one has ever confirmed FIFO/LIFO for me but it is paid out based on salary earned

@PwC 5: salary earned meaning...?

Paid out based on salary earned at time of accrual

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