Planning on waiting until Oct 1st (day my raise kicks in) to put in my 2 weeks so EY has to pay out my PTO at my higher salary 😂😂

likefunnysmart
Posting as :
works at
You are currently posting as works at

But your PTO is paid out at the rate you earn it at 🤔🤔

likefunny

Damn guess it pays to read EY’s internal policies

likefunny

At Deloitte it’s paid out based on your rate when you leave.

like

Shut down

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It’s the same at EY, ops right despite the tact

like

In California pto is considered an earned wage, thus all accrued and rolled over balance will be paid out at time of separation

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I looked up the Deloitte policy today “for a friend” lololololol - figured I would share that

funny

Operational speaking, it has to be at current rate. How would they keep track of PTO hours otherwise? FIFO, LIFO? That seems like a huge pain.

helpful

Even though I wouldn’t put it beyond the realm of possibility that an accounting firm would calculate the pto payout on the rate in which it was earned, I know for a fact it’s all paid out at your rate on your last day🤘

like

Nothing new there

How would it be paid at the rate you earn it at? If it’s FIFO, when partners retire, is it paid at their analyst rate???

Agree there's zero chance they're bothering to calculate different rates to pay it out, it'll be current rate

You’re supposed to evaluate the liability at the future pay rate anyways. M1 wrong several ways here

💯💯💯

You know our vacation is accrued based on our vacation calendar year which is 10/1 -9/30, so you won’t have any new vacation on 10/1 when you put in your 2 weeks, EY doesn’t allow you to roll over therefore you wouldn’t have vacation like M2 said as a partner with analyst rates 🙄🙄 but I’ll let you live your life

PTO doesn’t get paid for in California 😩😩😩

Will keep you posted M1

OP didn't say they're in CA. Most other states PTO can be reduced, and often is at FY end. OP would need to decide whether all that accumulated PTO at old rate is worth more than bonus plus remaining PTO at new rate.

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