What if an employee is on an unpaid leave type such as Leave Without Pay or unpaid Family and Medical Leave?
If the unpaid leave is scheduled during a pay period in which the employee would have been subject to a pay reduction, the employee has no salary reduction for that pay period. If the employee returns to a paid status while the TSR Plan is in effect, the employee will be subject to the TSR Plan during the remaining pay periods under the Plan and will receive prorated administrative leave.
Related Questions
- What are my options when an employee on Family Medical Leave fails to pay the required monthly contributions for health insurance?
- Does an otherwise eligible employee receive pay for any portion of an unpaid leave if medical leave is required?
- Can an employees furlough leave run concurrent while on unpaid Family and Medical Leave (FMLA)?
