Reimbursement for Unused Vacation Leave
for F-T employees leaving CPCC
to Payroll home Policy
From the CPCC Policies and Procedures
Manual Policy 4.16 Vacation/Personal Leave
II.E. Upon termination of full-time employment, reimbursement for any unused
vacation leave, but not to exceed a maximum of 240 hours, shall be added to the
employee’s final pay at the employee’s regular rate of pay in effect upon the
last day actually worked.
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Payroll Procedure for Reimbursement of Unused Vacation Leave |
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If the employee is on… |
then the hourly rate of pay is… |
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12-month contract |
Annual salary divided by 2080 hours worked in year (40 hrs x 52 weeks) |
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10-month contract |
Annual salary divided by 1733.30 |
Last modified: Friday June 11 2004
URL:http://inside.cpcc.edu/payroll/vacationpayout.htm