Just left the big 4 and unless I am reading it wrong it appears my PTO payout rate was related to the number of hours I charged and not my salary (PTO $ rate = earnings/total YTD hours)? I guess in the end there was a benefit to eating all those hours! ;)

likeupliftingfunny
Posting as :
works at
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atleast they paid you PTOs. At EY, i should be super rich when I resign as unlimited PTOs mean unlimited cashouts..lol

funnylike

Unlimited partner savings

funnylikesmart

When I was at the big K it was your salary / 2080 hours for the hourly rate. Multiply this by remaining PTO for payout with minimum of 5 weeks I think depending on how long with the company.

like

Yep pretty sure that’s the formula. 52 * 40 = 2,080 Total salary / 2,080 equals hourly rate. 🤷🏼‍♂️

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Yes it’s PTO hours/2080 x salary.

What else would it be?

Yeah I left KPMG last summer.

I’d be a lot richer if that were the case. 😆

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