What about my vacation pay? how does that work?
All states are different. You can ask HR about your particular state.
Alternatively, you can also read the 2017 Time Off Program Guide (Go to the Target Pay and Benefits Website --> Login --> Go to Health & Insurance tab --> Click on Time Off under Summary Plan Descriptions/Plan Guidelines --> Click on Time Off Program Guide for Non Exempt TM --> PDF guide will open).
According to the 2017 Time Off Program Guide:
- [A]ll unused vacation accrued after January 1, 2016, will be forfeited unless you work in California, Colorado, Illinois, Massachusetts, Montana, Nebraska, North Dakota, or Rhode Island, or employment ends due to retirement or death. If you have any unused vacation prior to January 1, 2016*, that vacation will be paid to you upon termination—regardless of the state in which you worked or the reason for which your employment ended.
- Personal holidays are also a gratuity or a gift offered by Target and are not considered wages or paid in lieu of taking personal holidays unless required by law. Therefore, personal holiday hours earned but unused will not be paid to you upon termination, whether voluntary or involuntary, unless you work in California, Colorado, Illinois, Massachusetts, Montana, Nebraska, North Dakota, or Rhode Island.
- As a benefit, accrued sick time is available only under certain circumstances related to your health or your family’s health circumstances. It is not accrued or paid out at termination or under any other circumstances.
- Well-being Time will not be paid out at termination.
Payout States: California, Colorado, Illinois, Massachusetts, Montana, Nebraska, North Dakota, and Rhode Island.
So basically, a TM's hours are divided as follows:
- Vacation-Payout (the number of vacation hours you accrued prior to January 1, 2016; eligible for payout)
- Vacation
- Personal Holiday
- Sick-Payout (the number of sick hours you accrued that was eligible for payout)
- Sick
- Well-being
If you live in a payout state, then you will get everything besides Sick and Well-being. You lose any unused Sick and Well-being time at the time of termination.
If you live in a non-payout state, you will only get Vacation-Payout and Sick-Payout. You will lose any unused Vacation, Personal Holiday, Sick, and Well-being if you don't use them before leaving. Also, the policy is that you must use up all of your Vacation-Payout first BEFORE using Vacation. They won't let you use Vacation and then get paid the Vacation Payout at the time of termination. Same policy with the sick time.
Hope this helps!