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No. of Recommendations: 8
The 10 extra hours of PTO pay won't deplete my PTO bank because I accrue 10 hours per pay as long as my full time hours hold up. The nice thing is that the PTO is being paid out at 100% instead of the usual 80% payout if I requested it thru payroll. My paychecks will be inflated until further notice, but can't go on forever. It is more of a "tough times" measure and not something that will last indefinitely.

Actually, if your employer allows the 100% payout to continue indefinitely, it could last nearly 'forever'. You are near the cap for your total PTO hours, and presumably, you will stop accruing those hours once you hit that cap. So, you need to either 'use on 'for lose' the hours. Since your input and your output are in balance, at 10 hours/check, you could go 'forever', or at least until you exhaust the nearly 10 weeks of PTO that you currently have in some other way.

If they cut back to an 80% payout, or you start to use a significant amount of your PTO, then you will probably want to re-evaluate. But until then, I would say that this should be a useful tool in your debt paydown, even after you get your side hustles back.

I would also say that even if your employer cuts back to an 80% payout, if you aren't using your PTO another way, it's probably better to take the 80% than to stop accruing hours.

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