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> It's also why many companies hate carrying vacation days over - they don't want someone to save up three months of vacation that they earned at a low wage fro
by 35fbe7d3d5b9 5y ago
> It's also why many companies hate carrying vacation days over - they don't want someone to save up three months of vacation that they earned at a low wage from getting promoted, and then receiving it in cash when they quit at a higher wage.
This can be a nasty carrying cost for companies.
I worked at a place that went from the standard accrual of vacation to "a minimum of 20 days/year, no carry-over."
To keep employees from engaging in open rebellion, they had to offer two tiers: either 1) you agreed to the new plan and gave your accrued time back, or 2) you keep your accrued time to date, received no more, and could join the new plan only when your vacation time balance hit zero.
The new employees, including me, quickly picked option one. The long-timers all picked option two, sat on their time, and cashed out when they went to other jobs.
- munk-a 5y agoI'd advise anyone in this situation to go with option 3) - find new employment and get the company to immediately pay out all that vacation time in cash possibly by booking your last three months with the company as solid vacation time. Once that's cleared up feel free to rejoin the company on option 2). Earned vacation time is earned - companies trying to reclaim it are acting dishonestly and need to be avoided at all costs.
- ghaff 5y agoWhen my company switched to a use it or lose it system (with some extra days thrown in), they let everyone who had accrued vacation keep it in a separate category. I don't know if I'll ever use it but it's nice to know I have an extra bank of 3 weeks vacation if I ever want it.