[quote=UCGal][quote=AN]UCGal, just so I read your post correctly, you’re saying that the guy’s pay is $400k but after vacation payout, his pay went up to $822k? That’s 100% increase from vacation pay? Who can save a year’s worth of vacation?[/quote]
The state apparently doesn’t have a “use it or lose it” policy.
And he “apparently” was working 17 hour days because they cut back staff and increased patients… so he had more shifts.
I just read the article.
I have coworkers who would have way more than a years salary in vacation pay if we didn’t cap at 1.5x the annual accrual. They’ve stopped accruing because they hit the cap a long time ago. They are workaholics who never take time off.
(I don’t have that problem. LOL)[/quote]
I don’t think that’s uncommon at all at employers who allow unlimited carryover, though this is probably at the high side. I think it’s pretty rare now to allow for unlimited carryover. I know a guy who retired and still had over 18 months of unused vacation pay. He expected the employer to offer him a buyout, but they didn’t. He stopped working at about 55, started using his vacation, continued to have full health benefits, contribute to his 401K (with some matching), and didn’t technically retire until he was almost 57. Just kept getting his direct deposit paychecks twice a month or whatever. He’d worked for the company for over 30 years and got something like 6 weeks paid vacation annually by the time he retired and rarely used 2 weeks.
