[quote=CONCHO][quote=flu]Can we all agree being salaried w2 sucks?
I look at my pretax paycheck on my full time gig, and look at it after all deductions and taxes. It’s pathetic.[/quote]
Hey at least your employer pays you for vacation time, for half your SS/MDCR tax, for some health and life insurance, and maybe even gives you stock options or a 401K match. If you have a good salary and some job security (HA! who has that anymore?) it can be hard to beat actually.[/quote]
Um… No. Actually my current employer eliminated vacation time, and it’s just following what the going trend is… The newest vacation “policy” that employers are pushing goes like this.
You no longer can acrue vacation. Instead if you need to take time off, you just ask your manager for time off for up to 2 weeks. Longer than 2 weeks blocks need SVP approval. Technically, you have unlimited vacation time as you can request as many vacation blocks as possible, BUT it’s always at the discretion of your manager to grant you the time off, subject to whether your work schedule permits.
They are doing this so that people no longer can accrue vacation and have an outstanding liability to pay employees for accrued time. The only people that this really screws though are people like me who work a lot…Since we rarely took vacation, we counted on being paid out for the accrual. Now you don’t accure anymore….
This was documented earlier as a perk. Trust me it’s not a perk. Because you’re now subject to the whime of
1) whether your manager likes you (mine happens to like me)
Consider this. If you’re an old timer, and didn’t always take your 4+week of vacation, at least you accrued the time so that when you left the company, most of it was paid out.. No longer the case. If you don’t take your vacation each year, it’s really you lose it.
P.S…. I doubt you would ever find this done in the public sector.
