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posted by
Woods
on Tuesday April 29 2014, @12:45AM
from the I-am-on-vacation-right-now-and-loving-it dept.
from the I-am-on-vacation-right-now-and-loving-it dept.
According to Glassdoor's Q1 2014 Employment Confidence Survey, the average U.S. employee (of those who receive vacation/paid time off) only takes half (51%) of his or her eligible vacation time/paid time off. In addition, when employees do take paid time off, three in five (61%) admit doing some work. Each quarter, the Glassdoor Employment Confidence Survey monitors four key indicators of employment confidence: salary expectations, job security, the job market and company outlook. This quarter's survey also took a look at employee vacation time, including the percentage of eligible vacation time/paid time off employees actually take, how much they work and why while on vacation, among other realities.
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Average U.S. Employee Takes Half Earned Vacation
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sillema sillema nika su
(Score: 1) by scruffybeard on Tuesday April 29 2014, @12:44PM
Vacation policies (and company ethics) do vary, however most employers implement a use it or loose it policy for two reasons. The first can be for the benefit of the employee. If they fear loosing it, they are more likely to take it, which generally makes them a healthy, well rounded worker. Both employee and employer win here.
The second is to prevent the employee from banking too much, creating a liability on the business since vacation is generally cashed out at the employee's current pay rate, rather than the rate at the time it is accrued. That 5 year old vacation time you cashed out cost the company extra money since you probably received raises, making it more valuable to you, costing the company more money.
How is your employer is a "cheapskate" for wanting to limit is total costs? Imagine if a bank could defer the repayment of a debt. This might be better for their bottom line since interest rates may go up, and they could compound the principal and accrued interest of the debt longer. Any one of us would say that the bank is ripping us off, so why shouldn't our employer be able to say the same of us.
(Score: 2) by TheGratefulNet on Tuesday April 29 2014, @01:26PM
the employer does not OWN the pay that I earn, I OWN IT!
3 things come from my labor: work output which the employer gets to 'keep', payable salary which I get to keep and also payable/accruable vacation time off which I ALSO OWN.
how is this not stealing when, each paycheck has hours I work that belong to me and vacation that belongs to me?
suppose they said 'you waited too long to cash your paycheck, so we took it back. you didn't use it, so you lost it!'. would you ever put up with that?
then why put up with losing another asset that you EARNED and OWN?
handwaving about 'cost savings' is just shifting the profit from the employee to the employer. anyone who suggests the employee does not own his own vacation time is a corporate cocksucker or one-percenter asshole. what's our is ours! theft is not acceptable when criminals do it and its not acceptable when white collar criminals do it, either.
"It is now safe to switch off your computer."
(Score: 1) by scruffybeard on Tuesday April 29 2014, @02:12PM
You are correct. You did earn it. So take it. Why is it wrong for your employer to say take it or leave it, after a reasonable amount of time has passed? And yes, depending on the local laws, you could forfeit your paycheck if you fail to cash it in a reasonable amount of time. This is not hand-waving. We all want to control our costs, and clear our debts. This is the same as me asking you to hold on to $1,000 for me, and then charge you interest until I come get it.
(Score: 2) by TheGratefulNet on Tuesday April 29 2014, @03:50PM
I don't know why I have to keep explaining that what I own, I OWN. you and others keep trying to argue on behalf of piggish companies who can't ever seem to have enough and keep trying to find ways to STEAL from their workers. we once all had full benefits but now, the common thing is to start as a contractor with NO benefits, let the company have a good easy first 3 months (or more) benefit-free (saving them money but costing YOU more than it should) and then, maybe they bring you on with benes.
this is the new way and there's no good way to cough it in terms of how it affects employees. nothing good comes from this.
most of us hate drm. we hate the expiration notion on files that we should own. this is similar: expiration on assets (time=money) that we worked for and earned.
its up to me if I take time off or if I take the time in the form of money.
you have all the right to convert your money to a house or car. I should have all the right to convert my time into money and leave it there.
tl;dr: if you argue for a use-or-lose style of work, you are a corporate bootlicker and a traitor to your fellow workers, no different than a scab who crosses a picket line.
"It is now safe to switch off your computer."
(Score: 1) by WillR on Tuesday April 29 2014, @02:23PM
Implementing a LIFO queue for vacation time and accounting for each chunk at the employee's equivalent wage when it was accrued across a huge 100k+ employee company is probably less computationally complex than a single game of Candy Crush. "It makes the accounting hard" is still a common excuse for stupid corporate policies, but it's not very convincing reason anymore.