Vacation Payouts

Employees maintain their regular pay and benefits while absent from work on approved Vacation Leave. Employees who have no outstanding obligations to the University will be compensated for unused Vacation Leave at the time their employment with Boston University terminates OR when they move to a position that does not accrue Vacation Leave, up to a maximum of the number of days that they would accrue over a two (2) year period. Terminating employees who have completed three (3) months or more of continuous service will be paid for their unused Vacation Leave.  Payment will be computed using the employee’s base rate of pay at the time of termination, base rate of pay when they transfer to a non-accruing position, or base rate of pay when they reduce their working time under fifty percent.

When:

Boston University will pay employees for any accrued but unused vacation time in the following scenarios:

• at termination of employment
• if a regular employee transfers to a faculty assignment
• if a regular employee’s employment ends, but they remain affiliated with the University in a non-compensated status
• if a regular employee reduces their working time to <50% time

Employees and their managers should consult the Time off Request system in Employee Self-Service for the individual’s latest balance. Alternatively the timekeeper assigned to your area is able to view the balance utilizing PT50.

How:

All employees with vacation time balances in BUworks/SAP are automatically paid in their final check by SAP as long as the change action (termination, retirement, transfer, etc. form) is entered timely.