Typically, paid time off is granted in units of days. Also typically, upon ending ones employment, the employer pays the employee the value of his/her unused vacation days. If the payroll schedule is twice a month, how is the value of a day calculated since different months have different numbers of work days?

  • Are you sure it has any value. In my state if the employment contact does not have a cash equivalent of a vacation day the value is $0. I had a company go under and got $0 for my unused vacation days. Your best bet is to take vacation days and then quit. – paparazzo Mar 12 '15 at 13:28
  • @blam it might not have any legal value, but I believe it is typical for employers to compensate for unused vacation days. At least my company does that. – Daniel Mar 12 '15 at 13:29
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    Voting to close because Questions seeking advice on company-specific regulations, agreements, or policies are off-topic. – David K Mar 12 '15 at 13:44
  • Take on board about how company specific this is, removed answer and voted to close. – The Wandering Dev Manager Mar 12 '15 at 13:46
  • @davidk I'm not asking about company-specific policies. I'm asking what's done typically. – Daniel Mar 12 '15 at 13:46

Not every company calculates this the same way. Not every company pays out unused vacation. This is question for your local HR or you can look in your employee handbook which should describe the policy.

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