Paid Time Off “Loan” Systems, are they allowed in New Hampshire?
Imagine the following situation. As a benefit of an employee’s contract, the employee earns Paid Time Off (PTO) at a fixed rate per month. For example, for every month an employee works, they earn 8 hours of PTO. However, many employers have a policy where despite the rate employees earn their PTO, they can take additional unearned time in advance. For example, in February the employee has 2 days’ worth of PTO accumulated but wants to take 3 days off. Many employers have a policy that allows them to take the full 3 days off because they will earn that additional time off in a month. For the purposes of this blog, we will call this a ‘PTO loan’ system. The second critical part about…
