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Wyoming state law requires that final paychecks be paid within five business days of termination, regardless of whether the employee quit or was terminated.
No use-it-or-lose-it policies permitted. Under California law, vacation is treated the same as earned wages and vest as the employee performs work. Because vacation is earned proportionally as the employee works, policies requiring employees to lose vacation already earned is illegal under California law.
This means that Wyoming employers who have a clear policy stating employees lose all accrued vacation upon termination of employment are no longer obligated to pay out accrued, unused vacation time upon termination.
An employee's vacation will roll over year to year, but once he or she reaches 17.5 days, no more vacation will accrue until the vacation bank falls below that amount.
You might lose your holiday if you haven't given enough notice to take your remaining holiday before the end of the leave year. You can ask for it, but your employer doesn't have to let you take it.
If you haven't taken all of your legal holiday entitlement during your holiday year, your employer may allow you to carry over the leftover days to the next holiday year.
A maximum of 40 hours of accrued and unused PTO time may be carried over from one calendar year to the next. Employees will not be able to "sell" unused PTO hours back to the company unless authorized by the company president.
If an employee has unused accrued PTO when they quit, are fired, or otherwise separate from the company, they may be entitled to be paid for that time. Around half of the 50 states have statutes that require companies to pay out employees' unused PTO when the employment relationship ends.
No use-it-or-lose-it policies permitted. Because vacation is earned proportionally as the employee works, any type of policy requiring employees to lose vacation that has already been earned is illegal under California law.
Does unused vacation time carry over? The Employment Standards Act requires that employees take their vacation time within 10 months of the end of the vacation entitlement year in which it was earned. This means that vacation time cannot be carried over.