You have to be down to 80 hours of PTO by Dec. 26, 2015. You also have to use your floating holidays by Dec. 24th. That is BEFORE the mandatory holiday shutdown. That means you have to use 32 hours of your rollover amount for the shutdown, leaving you with only 48 by January 1st. Then you have to be down to 40 hours of PTO by March 19, 2016. Now think it through. What does this mean for xmas of 2016? If the rollover date is before the holiday shutdown again, you will need to take the 32 hours out of your 40 hour rollover. That leaves you with a generous 8 hours by January 1, 2017. Plan on being healthy and not taking vacation that winter.
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It bugs me that we get personal holidays at the beginning of the year but they expire before xmas break.
I frequently go back to India and because of cost and travel time I prefer to stay 4 weeks. This new policy is unfair as I am unable to save the necessary PTO time to go.
Good old Follett squeezing a bit more juice from its employees. Have to pay for their 200 new shitboxes somehow.
Can HR think of anything more confusing than our end of year PTO policy? So, to make things clearer: 1) Use your THREE personal holidays BEFORE christmas. 2) You have to have at least 32 hours of PTO BEFORE the 26th but not more than 80. Anything less and you'll see it come out of your paycheck. Anything more and you'll lose money.
I think that also includes the 4 personal holidays.
That is a great point. What if you get sick in January or something more serious happens? They are really screwing employees.
That's what I call a healthy work/life balance! And the rich get richer!