2 ms·
Yes the law does mandate vacation payout in some areas, but the actual vacation days also expire, meaning that your employer won't have to pay you for 20 years
by dkokelley 15y ago
Yes the law does mandate vacation payout in some areas, but the actual vacation days also expire, meaning that your employer won't have to pay you for 20 years of accrued vacation. This is why I don't like vacation days as an accrued benefit.
- mixmastamyk 15y agoNot true in California, it may stop accruing, but can never expire. http://www.dir.ca.gov/dlse/faq_vacation.htm http://www.dir.ca.gov/dlse/faq_vacation.htm (See #4).
- dkokelley 15y agoInteresting. I worked at a large bank a while back and they had a use it or lose it policy. Either the law recently changed or they were out of compliance.
- mixmastamyk 15y agoI don't think it is a recent change. The reason I am familiar with it is my current employer tried to pull this one--I showed them the law and they backed down thankfully. Also, don't give up on old wages. An employee at a former employer filed a class action lawsuit (somehow I got attached), his hardwork resulted in an $8k check that found its way to my doorstep. ;)