New Mexico employers that elect to pay vacation or paid time off (PTO) upon termination should include this statement in their handbook to indicate that New Mexico employees will receive pay for accrued but unused vacation or PTO upon termination of employment.
In this survey report, XpertHR explores paid leave policies, including the prevalence of traditional, paid time off (PTO), and unlimited leave plans, as well as the amount of leave offered per year of service, leave carryover, leave donation, leave payouts, and more.
The materials and information included in the XpertHR service are provided for reference purposes only. They are not intended either as a substitute for professional advice or judgment or to provide legal or other advice with respect to particular circumstances. Use of the service is subject to our terms and conditions.