Here’s a quick summary of how your vacation and other time off benefits are affected when you leave HPE.
If you leave HPE for any reason, either voluntary or involuntary, you will not receive pay in lieu of unused vacation. Unless your primary work location is in one of the exception states of California, Colorado, Illinois, Louisiana, Massachusetts, Montana, Nebraska, North Dakota, or Rhode Island, all unused vacation will be forfeited at the time of your separation.
If you have used more vacation time than has been credited to you (including Vacation Buy time you have not yet paid for), the excess hours will be deducted from your final earnings statement where permitted by law. However, if you purchased time under the Vacation Buy Program, any time you have paid for but not used will be refunded to you, regardless of where you work.
If your primary work location is in an exception state of California, Colorado, Illinois, Louisiana, Massachusetts, Montana, Nebraska, North Dakota, or Rhode Island, any unused credited vacation, including remaining Excess Flexible Time Off (FTO) banks, will be paid to you using your current hourly base pay rate. If you are a commissioned salesperson, your unused hours will also be paid using your current base pay rate, and you may qualify for incentive payments separately based on the terms of your incentive program. Upon termination, any hours/dollars paid to you are considered to be a bonus and are taxed at the bonus rate.
Unused paid sick time isn’t eligible for payout, except where required by state law. Unused floating holiday time also isn’t eligible for payout, except where required by state law (currently limited to California, Illinois, Massachusetts, Montana, and Nebraska). Upon termination, these hours/dollars are considered to be a bonus to you and are taxed at the bonus rate.
If you’ve used paid sick time that exceeds what has been credited to you, the amount of the excess hours will be deducted from your final earnings statement where permitted by law.
Any credited but unused holiday bank hours for team members on an Alternate Work Schedule will be paid to you in your final earnings statement. Upon termination, these hours/dollars are considered to be a bonus to you and are taxed at the bonus rate. If you've used holiday bank hours that exceed what has been credited to you, the amount of the excess hours will be deducted from your final earnings statement where permitted by law.
For more information, see the Other HPE benefits page.