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No. There is no requirement in the Fair Labor Standards Act (FLSA) or any other federal or Ohio law for employers to offer severance pay to employees who leave a company.
Managers may be able to deny PTO requests from employees who resign with a 2-week notice letter. Ultimately, it depends on the type of paid time off and whether any laws apply. Keep in mind, the Fair Labor Standards Act does not require private-sector employers to provide paid time off.
The average wrongful termination settlement in Ohio is between $4,000 and $80,000.
Under California law, unless otherwise stipulated by a collective bargaining agreement, whenever the employment relationship ends, for any reason whatsoever, and the employee has not used all of his or her earned and accrued vacation, the employer must pay the employee at his or her final rate of pay for all of his or ...
As per Ohio Rev. Code Ann. § 4113.15, when an employee is fired, the employer must give a final paycheck to him or her on the next regularly scheduled pay date, or within fifteen (15) days, whichever is earlier.
The state does not require employers to provide PTO payout on termination. Since there are no state provisions, employers are required only to follow company policy. An employer may legally establish a policy or contract that denies employees payment for accumulated vacation time upon their departure from the company.
Like most states, Ohio is an at-will employment state. This means that an employee can be fired for no reason, or any reason, even if it's a bad reason, so long as the reason is not unlawful. Unless you have signed an employment agreement or belong to a union, you are an at-will employee in Ohio.
Under Ohio law, accrued vacation is considered an earned benefit that the employee has a legal entitlement to. Therefore, an employee's right to pay for vacation that was not used during employment will normally survive the employee's termination or resignation, and payment will be owed.