Massachusetts
Two questions - I live and work in Massachusetts. Last year, my company converted vacation days to Paid Time Off Days. If I resign, is the company still legally obligated to pay out the balance of this time to me (I have about 3 weeks)? Also, my company announced it is immediately fully vesting its' 401k matching contributions for all employees on July 1 (previously it would only vest after five years of service). If I give my notice before July 1, but my last day of of employment is, say, July 3, is the company required to vest my balance as stated? Thank you.
Two questions - I live and work in Massachusetts. Last year, my company converted vacation days to Paid Time Off Days. If I resign, is the company still legally obligated to pay out the balance of this time to me (I have about 3 weeks)? Also, my company announced it is immediately fully vesting its' 401k matching contributions for all employees on July 1 (previously it would only vest after five years of service). If I give my notice before July 1, but my last day of of employment is, say, July 3, is the company required to vest my balance as stated? Thank you.