Will I be allowed to take my accrued PTO if my current employer sells the company?

My employer recently sold the company i work for and i had approved PTO. As per my new employer i am not allowed the PTO because i am considered a new hire. is this allowed? is my previous employer responsible for paying out the PTO? I have written approval from previous employer. The new employer policy will take effect Sept 1st i requested PTO starting Aug 28th

1 answer  |  asked Aug 24, 2015 5:01 PM [EST]  |  applies to Florida

Answers (1)

Arthur Schofield
Unfortunately, yes it is allowed. You have entitlement to PTO and I can often force it to be paid out if it is earned through an accrual basis, but that claim is against the employer who you accrued it with. Once that employer is gone, say through a sale or simply going out of business, the claim disappears too. Hope this helps although I am certain it is not what you wanted to hear.

posted by Arthur Schofield  |  Aug 24, 2015 6:19 PM [EST]

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