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Re:X to pay €550k to employee fired for not replying to yes-... by comprev on Saturday August 17, 2024 @05:33AM (#41273070)
Unlimited paid vacation days are for the employers benefit not employee.
Re:X to pay €550k to employee fired for not replying to yes-... by sethammons on Saturday August 17, 2024 @05:41AM (#41273107)
For those who may not yet know why: US companies must pay out vacation time when employment terminates, meaning unpaid vacation affects liabilities and thus the balance sheet and thus stock price.
Re:X to pay €550k to employee fired for not replying to yes-... by cr1895 on Saturday August 17, 2024 @05:46AM (#41273133)
>US companies must pay out vacation time when employment terminates

Doesn't that depend on the state?

Re:X to pay €550k to employee fired for not replying to yes-... by sethammons on Saturday August 17, 2024 @06:15AM (#41273281)
It does; didn't realize that but it makes sense
Re:X to pay €550k to employee fired for not replying to yes-... by paulddraper on Saturday August 17, 2024 @09:42AM (#41274540)
It does, but I've never seen any company that doesn't pay for accrued time.
Re:X to pay €550k to employee fired for not replying to yes-... by mark-r on Saturday August 17, 2024 @10:36AM (#41274901)
As I understand it, the company merely needs to be consistent. Either they pay everybody for their accrued time, or they pay nobody.
Re:X to pay €550k to employee fired for not replying to yes-... by lolinder on Saturday August 17, 2024 @10:20AM (#41274795)
That's a choice the company makes in most states, though, meaning they can just as easily choose not to as choose unlimited vacation.