101–110 of 120 posts
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Where are you? I want to go to there.
28 days is the minimum in the UK. http://en.wikipedia.org/wiki/List_of_statutory_minimum_emplo...
What I learned from that link though -- is that the concept of "Long Service Leave" is unique to Australia/New Zealand. http://en.wikipedia.org/wiki/Long_service_leave
My point, hire smart people, give them a reason to give a st and they'll do the right thing.
For policies like this, your company culture and the examples leadership sets are going to dictate exactly how something like this, or anything else not explicit, is followed. If leadership often takes vacation and doesn't do more than basic email checking, if that, then employees will feel comfortable doing the same and enjoy this policy over your standard "you accumulate 5 hours of PTO per pay period." If leadershi…
It's probably worse than you think. I would bet that the CEO works 8-8, but like many managers has trouble getting dedicated blocks of time while in the office and so does all of their focused work at another location before coming in to the office.
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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.
Not true in California, it may stop accruing, but can never expire. http://www.dir.ca.gov/dlse/faq_vacation.htm (See #4).
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Not true in California, it may stop accruing, but can never expire. http://www.dir.ca.gov/dlse/faq_vacation.htm (See #4).
Interesting. 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.
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. ;)
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This is the exact reason why these policies claim there is no specific time. No allocated days legally means zero days. Companies use this "flexible vacation" policy specifically so they don't have to comply with pay out in jurisdictions such as California. It's a big scam, which is why the real question to ask and answer is how many days on average are taken, and if they include "half days" as "vacation time" in the…
As stated elsewhere, I doubt the payout liability is that large, considering that most employees only get to keep vacation days for a little over a year before they expire. I disagree with your use of the word scam to describe an untracked vacation policy. An employee at any one point in time will probably have no more than 6 weeks of accrued, unexpired vacation time (assuming they get 3 weeks per year and haven't ta…
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I often think that you should track vacation but track it against a minimum. Some talented folk actually need forcing out of the building.
When I worked for a bank there was some old law that forced bank employees to take one whole week of vacation at the same time (something about having enough time to audit them if needed, from back in the day when it would take that long to audit an employee). It was actually kind of nice, because you knew that you were going to be off for a week, so you planned your summer vacation around that.
The Barings bank collapse, for example, was brought about by one guy who juggled the books and hid information over a long period. That's much easier to pull off if you are around all the time.
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Where are you? I want to go to there.
Go to Sweden instead ;). IIRC they get 5 weeks.
On a related subject, I am currently on parental leave for 7 months, with about 80% of my regular salary compensated by the government. The first months the employer, thanks to a deal with the union, give some extra compensation, so it's around 90% in total. Of course it meant some hassle and extra planning, and even a new hire, but managers and colleagues mostly just wished me a good time.
The company I work for recently adopted a NetFlix style "we don't track vacation" policy. It's been about nine months, and anecdotes (no data available - we don't track!) suggest total vacation time taken is less than half of last year. I suppose that whether that's good or bad is pretty subjective.
I think the outcome of this type of policy, as mentioned by others, is largely a product of the culture of the place that you work. Where I work, we're given pretty generous paid time off, with very precise definitions of how said paid time off is to be taken, accrued and if not taken in its entirety by the end of the year, how one can "roll over" some of those days into the next year. Every 5 years or so, we get an…
I can definitely agree to shift them around, but if they expect me to take less total time off in order to get things done, then I get another job and they get to enjoy their time of not getting anything done at all.