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Glanced at the model and didn't see holidays broken out separately. Most tech companies give most Federal holidays off, maybe 10 paid Federal holidays which me
by molsongolden 4y ago
Glanced at the model and didn't see holidays broken out separately.
Most tech companies give most Federal holidays off, maybe 10 paid Federal holidays which means that 4.5 weeks of "vacation" is actually 2.5 weeks of PTO. 2-3 weeks of PTO is common in tech and across most professional roles after a few years with a company.
- OJFord 4y agoI assume from 10d changing 2.5->4.5 that whenever you say 'weeks' you mean 5-day working weeks? So 2-3 weeks = 10-15 days and that's 'after a few years with a company'?!
- sokoloff 4y agoA “week of PTO” generally means “however much time you’d usually work in a week”. If you typically work 40 hours per week, 40 hours of PTO is a week of PTO. I think that around 10 company-selected holidays plus 15 employee-selected days is a fairly typical starting point for tech in the US, with some having more and some having less. We start at 9 company plus 18 employee chosen days and you get 1 additional employee chosen day per year per year of service up to 5. (So, I’m at 9+23 or 32 days or 6.4 weeks per year now.) We also have half-day Fridays in the summer, so if you take 12 half-days of PTO, you can have 12 summer Fridays off plus 26 other days for 38 or almost 8 weeks off.
- OJFord 4y agoWow. I think the UK's on the worse end of Europe, and here the statutory minimum is 28 days (pro-rated for part time employees) including bank holidays if given (i.e. you can not give bank holidays automatically, but the minimum's still 28). I would say 25+BHs (=33 in England & Wales, 34 in Scotland, 35 in NI) is pretty typical/unremarkable (from day 1) for white collar jobs at least, more is certainly available and some increase with service as you describe. I'm surprised this doesn't come up in US/Europe salary discussions more (at least, I haven't seen it that I recall) - I've known and see it be a benefit (that people do use) to purchase extra holiday from their already higher than typical US starting point. Wouldn't make that much difference to the comparison if it was offered of course, but perhaps indicates Europeans would be choosier (or unhappier) with their hypothetical US job than they realise.
- sokoloff 4y agoIt might not show up on blind, but as an employer, I assure you it comes up on our side. When we contemplate opening a new location (now, enabling remote work from a new jurisdiction), we have a standard way to capture the legal requirements and common practices in tech with regards to PTO, hours, on-call, market pay, etc.