3 ms·
> It's not "paid" time off anymore. huh? i don't know anyone who gets paid purely in stock.
by dominotw 5y ago
> It's not "paid" time off anymore.
huh? i don't know anyone who gets paid purely in stock.
- manuelabeledo 5y agoIt's part of their compensation. Their yearly bonuses are not predicated on how many days off they have taken, why would it be any different with stocks?
- Arainach 5y agoThat's only true for vacation and normal sick leave. Most extended leaves (medical and parental) do affect your bonus. This is certainly true at Microsoft and Google and likely many other companies. The exact formula varies - at some places, if you take 3 months of parental leave, you'd get 75% of your target bonus (since you worked 75% of the year). At others there are more complicated formulas that give partial credit or assume that the portion of the year you spent on leave you got an average rating or whatever. Similarly, at most places I've worked if you take unpaid leave (including long-term sick leave) those dates aren't bonus eligible.