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Unlimited paid vacation days are for the employers benefit not employee.
by comprev 2y ago
Unlimited paid vacation days are for the employers benefit not employee.
- sethammons 2y agoFor those who may not yet know why: US companies must pay out vacation time when employment terminates, meaning unpaid vacation affects liabilities and thus the balance sheet and thus stock price.
- cr1895 2y ago>US companies must pay out vacation time when employment terminates Doesn't that depend on the state?
- sethammons 2y agoIt does; didn't realize that but it makes sense
- paulddraper 2y agoIt does, but I've never seen any company that doesn't pay for accrued time.