Iowa Newspaper: Employees No Longer Get Their Unused PTO Balance When They Leave Us

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By: Jim Romenesko | JimRomenesko.com

The Gazette Company, owners of the Cedar Rapids (IA) Gazette, tell employees that effective March 1, they’ll no longer receive payment of their unused PTO (personal time off) balance when they leave the company.
 
“First, it is a financially prudent move,” says a company memo.































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