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Similarly, I know people who don't take their owed vacation and build up to the "max" and wind up having to take several weeks off at a time or lose it. In a j
by tracker1 4y ago
Similarly, I know people who don't take their owed vacation and build up to the "max" and wind up having to take several weeks off at a time or lose it. In a job without accrued vacation, they simply don't even earn it in the first place, and don't get paid out for it if they are let go.
Cynical me thinks this is a precursor to layoffs in order to get the debt off the books and not pay out anyone that gets "downsized" in the end.
- nathansoz 4y agoEveryone who currently has a carryover balance is getting paid out, so I don't see how that would help costs during a layoff unless that layoff is 6+ months out. Personally I carry a balance of close to 4 weeks (my current max accrual) as an extra cushion for job-changes or a rainy day and they will pay me out for it. I'll stick that in my emergency fund and it will serve the same function.
- jxidjhdhdhdhfhf 4y agoLayoffs could just be 6+ months out. While management is often short-sighted, I don't think we can just dismiss this possiblity.