Connecticut Short-Term Incentive Plan

State:
Multi-State
Control #:
US-CC-7-588C
Format:
Word; 
Rich Text
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This sample form, a detailed Short-Term Incentive Plan document, is a model for use in corporate matters. The language is easily adapted to fit your specific circumstances. Available in several standard formats.
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FAQ

Unused sick leave is not payable upon termination except at retirement. Upon retirement you will receive one quarter (1/4) day's pay for each day of unused sick leave to your credit up to a maximum of 240 sick days, which is the equivalent of 60 full days' pay.

Connecticut Final Pay Rule § 31-71c, an employer must issue a final paycheck to a terminated employee no later than the following business day. However, an employee who quits his or her job is not entitled to a final paycheck until the next regularly scheduled pay date.

As a reminder, the Connecticut paid sick and safe leave law went into effect in 2012 applies to employers with 50 or more employees, but only service workers. However, that term is broadly defined. Also, there are exceptions to the law, such as certain nonprofits and many manufacturers.

An employer must pay accrued vacation time to an employee upon separation only if its policy or contract requires it. Employees may recover two times the amount of unpaid wages if the employer has a policy and does not follow it.

Connecticut State Department of Revenue Services The goal of the program is to incentivize long?term unemployed people who live in Connecticut to return to the workforce. If eligible individuals meet certain criteria, they will receive a one?time, $1,000 incentive payment from the State of Connecticut.

Job abandonment occurs when an employee does not report to work as scheduled and has no intention of returning to the job but does not notify the employer of his or her intention to quit. Employers should develop a policy defining how many days of no-call/no-show will be considered job abandonment.

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Connecticut Short-Term Incentive Plan