Re:BuzzFeed employees demand it pay out earned PTO to all la...
by ghaff on Monday January 28, 2019 @03:20PM
(#19020700)
Speaking from experience. The PTO is given up-front. (Say by quarter.) There may be a grace period into the next calendar before the previous year's PTO is zeroed out. And you can potentially, by policy, go negative.
It's not uncommon for companies to have some variant of this.
I agree that it's not all that different from accrual caps in practice but does need a little more management to avoid losing time.
ADDED: Accrual caps are also typically more along the lines of vacation earned over 18-24 months in my experience.
It's not uncommon for companies to have some variant of this.
I agree that it's not all that different from accrual caps in practice but does need a little more management to avoid losing time.
ADDED: Accrual caps are also typically more along the lines of vacation earned over 18-24 months in my experience.