My question involves labor and employment law for the state of: California
I can't find an answer to this specific situation anywhere, so I hope someone here might know. Company A has employees with accrued vacation time at year end, then splits into companies B & C at the start of the next year. Some of the principals of company A go to company B, some to company C. Employees are split as well. Question is: Can the employees' accrued vacation time at year end just be moved to the new companies, or do employees have to be paid out for their time when they move to companies B & C? Is there any actual legal issue here, or is it up to the company(A) as to how to handle it?