Re:Four-day week trial: study finds lower stress but no cut ...
by ghaff on Tuesday February 19, 2019 @05:17PM
(#19203434)
It's been accounting rules for a very long time. It's pretty much Accounting 101. If you accrue liabilities that you're obligated to provide (either in the form of employee time off or pay-out upon departure), that's a textbook liability.
Which is why employers almost always cap in some form or another; the exact mechanism is partially determined by state law.
I worked for a company once that, during a bad spell, eliminated an accrual cap to encourage people to bank vacation. The result was that a not small number of people who weren't really into taking vacation just let their balances balloon. The company eventually forced people to work down their balances.
Re:Four-day week trial: study finds lower stress but no cut ...
by NullPrefix on Tuesday February 19, 2019 @12:22PM
(#19200735)
>Hours/Money owed for nothing in return
From the business perspectice services rendered previously is "nothing", because you can't get any more value from that
As a result employees can't just bank their vacation hours and get a big payday when they leave. It tends to only take a couple years to get up to the max, and you end up with "use it or loose it" pto.