After speaking to a number of current and former Bank of America employees I’ve pieced together the following: Employees who quit over a year ago were automatically paid for their unused vacation time. Employees who left within the last 6+ months were not paid for unused vacation or sick time.
BofA’s HR department says they do not withhold your unused vacation and sick pay, but you must file specific requests to get paid for those unused hours. They appear to have taken the stance that if you don’t specifically request YOUR MONEY you must not want it so it’s ok for them to just keep it.
What’s worse is a lot of the current managers do not know this! They don’t know so they don’t communicate this requirement to employees who are leaving. No doubt the bank is keeping thousands upon thousands of dollars that their former employees are entitled to.
I’ve never heard of another company choosing to handle unused vacation and sick pay this way. Absolutely disgusting. Maybe not technically illegal but unethical and shitty af