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FOREWORD - Wentworth Institute of Technology

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WIT Employee HandbookSection V: Holidays, Leaves and Vacationse. TerminationAn employee, who voluntarily terminates employment, will receive vacation pay inaccordance with the days earned. Financial obligations such as outstanding loansfor computer purchases will be deducted from an employee’s last paycheck.3. VACATION ACCUMULATIONSAccrued vacation hours are noted on the bottom left corner <strong>of</strong> each employee's paystub. The vacation hours accrued for a particular month are credited on the lastpaycheck <strong>of</strong> that month. The hours shown are based on the most recente-time sheet submitted, so it is important to submit time sheets when due.EXAMPLE:148.00 V 104.00 S -8.00 PThis employee has accrued 148 hours <strong>of</strong> vacation time and 104 hours <strong>of</strong> sick time,minus eight hours <strong>of</strong> personal time. The total amount <strong>of</strong> sick time left is, therefore, 96hours. (The minus sign that precedes the personal time indicates the number <strong>of</strong>hours used.)March 200961

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