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Vienna_Hokie

Joined: 09/16/2002 Posts: 12425
Likes: 5471


It's a huge savings for employers, whether you take it or not


Assuming this is for salaried employees, your annual salary is based on the work you deliver in a year. Unless your hours are billable (can't see anyone who is billable getting this to be honest).

No matter how much time you are off, the expectation is that you get the work done for the year. And the company pays X for you to do that work for the year. Whether you are working or not, the annual cost for you is the same. Mangers ensure you deliver on that cost.

In an unlimited, the annual cost for you is the same, but if you leave, they don't have to pay out accrued leave. When I left my last job, I had 6 weeks accrued. That is in fact a real cost, more money out the door. I know from an accounting perspective it's different, but in real cash out the door, it costs more to pay it out when someone leaves than if they use it.

(In response to this post by MrBayAreaHokie)

Posted: 03/03/2022 at 5:29PM



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Current Thread:
  Will you get it all when you leave the company? -- dans93 03/03/2022 4:03PM
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