What you need to know
Taking time off—away from your job—is vital to being at your best. We support this by offering ample time off for all kinds of situations.
PTO accrual
You earn vacation days on your anniversary date and generally must take them within 18 months after you have earned them, or you will lose them.
You earn an additional day each year. In addition to receiving full pay on the days you take PTO, you’ll also receive a vacation bonus equal to 50% of the PTO you have accrued for the year (for example, on the first year, your vacation bonus will be 50% of 12 days’ salary, equal to 6 full days of salary.)
| Years of service | Vacation days |
|---|---|
| 1 | 12 |
| 2 | 13 |
| 3 | 14 |
| 4 | 15 |
| 5–14 | 16 |
| 15–19 | 18 |
| 20–24 | 20 |
| 25+ | 22 |
Request PTO
Before you submit a PTO request, check your balance in Workday to ensure you have enough to meet your needs. Accrued PTO days expire 18 months following your PTO anniversary date. Be sure to use them within that time frame.
You’ll also need to talk with your manager about your plans and give as much notice as possible so that your job duties can be covered while you’re out. We encourage you to do that before booking airplane tickets or booking travel plans.
Use Workday to submit your PTO request. Your manager will receive your PTO request and will approve or reject your request. Your manager will consider business needs, relevant circumstances, and how many hours of PTO you have accrued.
Notify your manager as soon as possible if your plans change. Your manager will need to adjust any work coverage plans made for your PTO. Then correct your PTO request in Workday. Your manager will be notified of this correction.
Illness during PTO
If you’re ill during your PTO, your time off benefits will not be extended.
PTO payout if you leave PayPal
If you leave the company or your employment is terminated, you will be paid for any unused PTO. You may not extend your leave date with PTO after your last official day working in the office.
If you have taken excess PTO beyond what you’ve accrued, you will have this amount deducted from your final paycheck, or if your final paycheck is insufficient, you will have to repay PayPal for any PTO owed.
LOA policy
Visit the Bridge (only accessible within the PayPal firewall) for additional information and guidelines for taking a leave of absence (LOA). A few things to keep in mind:
- Discuss your leave plans with your manager so he/she can plan business needs accordingly.
- Submit your LOA request in Workday. You will see the leaves available to you. Select the appropriate LOA.
- Submit the appropriate documents in Workday along with your initial request to avoid delays.
- Your LOA request will be sent to your manager and HR Hub.