Published Jul 21, 2008
abundantjoy07, RN
740 Posts
Here are my questions...
I accepted a job offer at Hospital A a few minutes ago.:w00t:
I'm still currently employed by Hospital B.
My heart is still with Hospital B, therefore I would like to do PRN there, possibly Part Time. (What constitutes PT?)
How do I make the transition from FT to PRN? To whom do I give this 2 week notice to? Is there a clean way to break ties with your employer?
How does your 401k follow you to your new job?
What about all of those PTO hours? What happens to them? Do you get compensated for them or do they just dissapear?
I know this is very basic, however, this is my first time doing this, so I wanted some input.
Thank You!
advocateforsafety
83 Posts
Your PTO is yours and should be paid to you in a couple weeks after your last day. Some hospitals put your PTO in hold if you go prn and it would stay on the books as your used to if you go part time. If you quit all together its yours after taxes of course. Some 401k's can be rolled over to the new 401. I elected to open an IRA and move my 401k's and 403b's into an IRA and then just open a new 401 at my new employeer. Go to your local bank and they can help with all the paperwork. They are often affiliated with one of the big firms that handle 401's and mutual funds. Or go online to one of the big investment firms its an easy process
Remember that you will make less doing prn in most instances than an extra shift at the new hospital. Overtime usually pays better than PRN and you will usually get to work your home unit. Prn's are often first to float and first to be called off.
Good luck to you!
Ahhphoey
370 Posts
First things first, ask your current manager if there is a prn position available on your unit. Although many managers will create this position rather than lose a nurse, it sometimes just cannot be accomodated in the budget because prn are required to work a minimum amount of hours per schedule (at most facilities anyway) and are therefore counted in terms of FTE's for the unit. You will still need to give at least two week notice or the manager may require you to finish up the current schedule before allowing you to go prn. You should get you PTO cashed out in one of your paychecks following your status change and be able to roll over your 401k to your new hospital or you can leave it at hospital B and continue contributing to it. Good luck with your new job.:wink2:
HealthyRN
541 Posts
As to if you will get reimbursed for your PTO, it depends on the facility and how long you have been working there. I learned the hard way that many facilities require you to be an employee for a certain length of time (usually a year) before they will pay you for the PTO if you quit.