Market Areas > Human Resources > PTO Banks and the Law

PTO Banks and the Law:  Pros, Cons and Compliance Issues to Consider

Course Description:

Today, many employers save money by lumping vacation days into a single PTO bank with sick pay, personal days, bereavement and other types of paid leave.

But here’s the problem: Termination pay for unused sick days and other non-vacation leave may be protected by state vacation-pay rules when the days count as all-purpose PTO. 

Since the courts have mixed views on whether employees are entitled to reimbursement for all unused PTO or merely the “vacation” portion of it, some experts recommend organizations with PTO to consider going back to separate vacation and sick banks.

• Where does your state stand?
• Do you need to revise your employee handbooks?
• Could PTO cost you more money in the long run?

Whether your organization already has a PTO bank system in place or you’re considering implementing one you can save your company a lot of future headaches – both in terms of lost time and money – with this information-packed audio conference on CD.

During this 75-minute program our expert faculty will explain the pros and cons of PTO banks and dig deep into compliance issues to watch out for, including:

• Best practices for designing a legal and compliant PTO bank program
• How to write a legal and clear policy and communicate it
• Common mistakes to avoid when setting PTO bank
• Ways to prevent employees from abusing your PTO system
• How buy-backs work and the FLSA requirements for them
• PTO issues that arise when paying an individual final wages upon termination
• Why you need the latest information on PTO related state laws and legislation and how to find it

Featured Faculty:

Bob McKenzie, President, McKenzieHR

Bob McKenzie is certified as a Senior Professional of Human Resources (SPHR) and has 30 years of human resources management experience. His background includes a wide range of hands-on HR practices including training and development, Equal Employment Opportunity, Affirmative Action Plan Development, development of compensation and incentive programs, performance management systems, recruitment, employee relations, union avoidance and labor contract negotiation. His working experience encompasses the manufacturing, banking, financial services, transportation, government, managed care, information technology and theme park industries.

Bob has been cited in a number of Human Resources trade publications. Among them are HR.com, HR Magazine, HR Florida Review, the Jacksonville Business Journal, Vault.com, BNA and the Institute of Management and Administration. He has been a speaker at a number of conferences as well as audio and web-based seminars. His monthly e-newsletter entitled, The McKenzie Mailer is read by people all over the world. Bob also facilitates a 12-week course for human resource professionals who are preparing to take the human resource certification examinations with an 80% success rate of his students who have passed the exam.

Mark A. Addington, Attorney, Addington Law

Mark A. Addington focuses his practice primarily on employment litigation, including defense of harassment, retaliatory discharge, disability, age, religion, race, and sex discrimination. He has also responded to charges of discrimination filed with federal, state and local administrative agencies. He counsels employers in problem prevention, employee discipline and termination, and employment discrimination and harassment.

Mark also assists employers in handling internal investigations. Prior to entering law school, Mark worked extensively in operations, training, and human resources for large hospitality organizations. Mark has experience in policy development, compliance reviews, and management and employee training.

Mark conducts employment law seminars and training programs for his clients and the community. He is a frequent speaker and lecturer at statewide conferences and seminars such as HR Florida and the Florida Restaurant and Lodging Show. He has given presentations on various topics such as workplace technology issues, military leave, disciplinary documentation, job interviews, the Family Medical Leave Act, and wage and hour law compliance. He is a frequent guest columnist for the Jacksonville Business Journal as well as other publications.

MONEY-BACK GUARANTEE:

We're so confident you'll get what you want out of this conference that we'll refund every penny if you're not completely satisfied. No questions asked! It's 100% risk-free!

Pricing:

Your CD recording includes the complete audio conference presentation, audience Q&A and presentation materials.

APPROVED FOR RECERTIFICATION CREDIT:

HRCI - Receive 1.25 recertification credit hours toward PHR and SPHR recertification through the Human Resource Certification Institute (HRCI). For more information about certification or recertification, please visit the HRCI homepage at www.hrci.org. "The use of this seal is not an endorsement by the HR Certification Institute of the quality of the program. It means that this program has met the HR Certification Institute’s criteria to be pre-approved for recertification credit."

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