What can I do to protect this time owed to me by my present employer?

At existing employer I have time owed to me in addition to my standard vacation days. Next month we are being sold to a public company. How can I protect this?

Asked on March 11, 2012 under Employment Labor Law, Pennsylvania

Answers:

FreeAdvice Contributing Attorney / FreeAdvice Contributing Attorney

Answered 8 years ago | Contributor

If your employer has a policy in place where you can cash in accrued time for pay, then you can consider this option. However, under the laws of all states in this country, when one company acquires the assets and obligations of another company (such as accrued time off of an employee), the new company is obligated to honor the time that the employee has accrued.

I suggest that you seek written confirmation from your employer that your accrued time will be honored by your new employer.


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