PTO Policy
PTO Policy
(OP)
We are in the process of re-writing our policy regarding PTO. Currently our policy has a system where people accrue PTO at different rates based on years of service. At the end of the year, employees are allowed to carry-over a maximum of 120 hours. If an employee leaves, for whatever reason, an employee is paid for up to 40 hours of PTO, and forfeits the rest.
What do other companies do? We want to encourage employees to take the vacation time, however, we do not want the employees using this as a way to get and extra paycheck at the end of the year. (Since we will be changing the system, we are going to give a one-time cashout if we set the limit lower than our current 120 hour carryover)
What do other companies do? We want to encourage employees to take the vacation time, however, we do not want the employees using this as a way to get and extra paycheck at the end of the year. (Since we will be changing the system, we are going to give a one-time cashout if we set the limit lower than our current 120 hour carryover)





RE: PTO Policy
Dan - Owner

http://www.Hi-TecDesigns.com
RE: PTO Policy
TygerDawg
Blue Technik LLC
Advanced Robotics & Automation Engineering
www.bluetechnik.com
RE: PTO Policy
RE: PTO Policy
I think 40 hrs carry is fairly generous. After all, it's like carrying an unpaid debt on the books, and you don't know when it might be called in.
RE: PTO Policy
RE: PTO Policy
If you want people to take the leave that is owed them then don't allow them to cash it out or carry it over.
Seems pretty straightforward to me.
Cheers
Greg Locock
Please see FAQ731-376: Eng-Tips.com Forum Policies for tips on how to make the best use of Eng-Tips.
RE: PTO Policy
RE: PTO Policy
RE: PTO Policy
Vacation is part of your pay. If you don't take it you are giving your pay away.
David
RE: PTO Policy
"Wildfires are dangerous, hard to control, and economically catastrophic."
Ben Loosli
RE: PTO Policy
Judging by experience in Europe and Australia that would be illegal in most jurisdictions worldwide that have an opinion on the matter.
Cheers
Greg Locock
Please see FAQ731-376: Eng-Tips.com Forum Policies for tips on how to make the best use of Eng-Tips.
RE: PTO Policy
Although of course we got given it as a bank at the start of the year, we didn't 'earn it' as we went along.
KENAT, probably the least qualified checker you'll ever meet...