the "use it or lose it" rule for vacation is dumb. if i earned it, i should be able to bank the vacation time for when i need it.
Discussion
Here we have a rule, that you can take your vacation days with you in the next year (maximum 3 years).
3 years is interesting. I guess I'm a little over 1 year of vacation banked. I'm allowed to bank my vacation days until I hit 30 days maximum. At that point, I stop earning 2 days a month until I drop below the maximum. There is no maximum for sick days. I can continually earn 1 day every month, forever.
Absolutely 💯
Preach! And if you choose to save it up or hit the accrued max, be able to cash it out fully (instead of at a cut rate, if available at all).
Another thing… an employer expects a 2 week notice if you wanna quit, but they don’t give a 2 week notice if they wanna fire you…
In the people’s republic of California we accrue our PTO so we never lose it and they have to pay it out when you leave the company. They do cap the amount you can accrue though.
Freedom to take vacation wherever you want, with advanced notice, advance approval, without conflicting requests, before expiry.
CBDC scam.
I had a company force use to use all vacation in the next month or lose it as part of a policy change. Poorly thought out from HR.
Vacation counted towards OT and someone had to work every shift. We vacationed our shifts and picked up other shifts getting more than double paid thanks to OT rates.
I feel that pain 🫂
Or at least, I had felt it when I worked inside the beast.
They probably do it for accounting purposes. Most people get some pay increase yearly, which would require they add more to the PTO fund to account for that, even though you earned it at a lower pay rate. I'd be okay with them just paying out whatever my rate was for each hour, but my employer at least let's me cash out what I can't carry over each year.
The trade union I’m in makes our employers pay out what we don’t use every 6 months. I dig it