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When I worked for a bank there was some old law that forced bank employees to take one whole week of vacation at the same time (something about having enough ti
by megamark16 15y ago
When I worked for a bank there was some old law that forced bank employees to take one whole week of vacation at the same time (something about having enough time to audit them if needed, from back in the day when it would take that long to audit an employee). It was actually kind of nice, because you knew that you were going to be off for a week, so you planned your summer vacation around that.
- wpietri 15y agoFrom what I understand it's not audits, exactly. It's to make scamming the company harder. The Barings bank collapse, for example, was brought about by one guy who juggled the books and hid information over a long period. That's much easier to pull off if you are around all the time.