Re:At Xamarin I left every day at 5pm
by end_of_line on Sunday November 06, 2022 @04:45AM
(#33490836)
I worked once for an investment bank and there it was mandatory to take once in year min 2 week vacation minimum. It wasn't because of their sympathy, it was due to the fraud prevention :-) Forced 2 week long vacation, locked out access to the systems for that period of time.
Re:At Xamarin I left every day at 5pm
by jbuhbjlnjbn on Sunday November 06, 2022 @06:09AM
(#33491369)
How does forced vacation for a minimum of 2 weeks prevent fraud?
Re:At Xamarin I left every day at 5pm
by end_of_line on Sunday November 06, 2022 @06:23AM
(#33491440)
Frauds are very often hidden or disguised as "bad investments" (yeah banks do mistakes as any other human beings) and covered with money from "slush funds". When they are on vacations, rogue traders cannot cover their intentional bad investments, losses, close warning notifications and so on. More kn this topic here https://www.fdic.gov/news/financial-institution-letters/1995...
Two reasons: lots of fraud requires continual maintenance, and when you're away someone will presumably take over your duties and might notice what you're doing.
> it was mandatory to take once in year min 2 week vacation minimum
That’s actually the law in some countries. It’s not really enforced much, but the idea is that you have a weapon to sue your company if they prevent you from taking 2 weeks off once a year.
I think there's a valid point hidden in your insane comment: there is a competitive advantage to abusing your staff, so it's really up to governments to force companies not to. Things like reasonable holiday allowance. Good statutory sick pay. The EU working time directive (which was sadly made optional but it at least set the tone).
All of that is missing in the US which is presumably why companies there don't hesitate to push people as hard as they want.