I know unlimited RnR is really 33 days but I wonder if Fiserv is in the process of limiting it further. Has anyone heard rumors about that?
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I'm taking 33 days. I haven't heard anything other than on here that it will be a problem. That said, if it's not granted I'll walk. I'm close enough to retirement to get a 50-60K slack job somewhere. That will be the final benefit reduction or elimination I will accept in my 30 years.
30 day Sabbatical on top of Vacation (reason for cut - employees requested it to be cut hahahaha believe that one?)
6% profit sharing + 3% match
Vacation paid out when leaving
This is correct. @jq+1jp0wkm4g
“no specific time limit. It is expected that the benefit is used responsibly and with fairness in mind. Meeting job responsibilities and objectives is crucial. Manager approval is necessary so associates must coordinate time off requests in advance’”
It’s at the discretion of your manager and what makes sense for your team/org. Some teams have set a limited number of days, but the official policy on FUEL and benefits guides indicate that for grade 9 and above, there is no specific time limit or pre-determined time limit.
Both the Recharge and Refuel Policy and the 2025 Time Off summary will outline this, for anyone grade 9 and above in the U.S.
If you are below grade 9, the policies indicate what you can expect as well.
Policy document recently updated last month and no longer says unlimited but says
“no specific time limit. It is expected that the benefit is used responsibly and with fairness in mind. Meeting job responsibilities and objectives is crucial. Manager approval is necessary so associates must coordinate time off requests in advance’”
@h3+1jp0wkm4g Incorrect, it’s by grade level.
Does this mean we are paid out unused days when we leave?
Check the leave policy it is 20 days
Not using your sick time for planned vacation was what I sort of heard. So my 4 weeks plus a couple of floating holidays would fit into the 20 plus.
I guess they should have told me before I made plans. I plan early and did so when it was still "unlimited".
I heard if you go over 29 days for the year, you get put on some report. But I plan to take the full 33 “unlimited” days I earned.
I was told my “unlimited” vacation this year was going from 33 days to 18 days, 2 months into the new year! I pushed back and met with HR. They said they are trying to reduce “excessive use of vacation time” and no longer can use the term unlimited. They would “give me” 25 days instead but I was told it was “strongly suggested” I don’t use more than 3 weeks of time.
@cx+1jp0wkm4g OP here… Nope, I’m US based, twenty years at Fiserv, I work very hard for Fiserv, just trying to navigate my ever changing benefits.
This must be either an EMEA of H1-B post. HR needs to lean a bit and have you all work like most of the company does.
You guys complain a lot and don’t really work that much.
I feel the "unlimited" was a way to attract more people. But as a people manager, I had to encourage the folks that there were fence points around the word unlimited and to use the number of days that aligned with years of service.
If you were here 15 years you got more unlimited time off than a 5 year employee.
I left a few years ago and I could be wrong.
@bg+1
It was so they could work the su-kers in the room - used as a false "perk" - to make employment here more attractive and get people to apply.
Do we know what the rationale was behind the "unlimited" thing? I've read it was to stop unused PTO payouts when people resign, but was the company banking on people not suing over false advertising of terms of employment? Obviously, no one should expect to actually take unlimited time off, but why even introduce the term "unlimited"? What did the company have to gain by doing so??
If you noticed in workday the verbiage away from unlimited r&r
@an+1jp0wkm4g But certain grade levels has unlimited regardless of years of employment.
The old 33 days would have required about 15 years of service. It increased by a week at 5, 10 and 15 years.
How is it ‘unlimited’ but there’s a cap ? lol
The cap was 33 days but this year I was told it’s 27-30 days.
Not sure if this is true or I was lied to