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Paid vacation

 
Manish Hatwalne
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What's the concept of paid vacation in the US of A?
TIA,
- Manish
 
Rufus BugleWeed
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As a general rule, a salaried employee of a firm gets a week of vaction in the first year of service. Two weeks of paid vacation in years 2 through ten of service. Three weeks of vacation for employees with more than 10 years service.
It varies from company to company though. I don't think school teachers get it at all. The government may have one of the best plans.
 
Jason Stull
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Hi Manish,
Vacation time varies greatly depending on economic sector and the size of a company. It is typical now to combine vacation and sick time in to one catagory called Personal Time Off (PTO). Larger corporations tend to give you more starting off, around 2 weeks of PTO. Smaller companies may only give you a week of PTO starting off. Sometimes PTO is part of salary negotiation.
[ April 07, 2004: Message edited by: Jason Stull ]
 
Tim Holloway
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Around here, you usually get allowed 3 weeks after 5 years -- if they don't lay you off before then.
Of course, anyone who's got time to take a vactaion is obviously dispensible.
 
Manish Hatwalne
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So you get a week off, and you are paid for that week. Is that right?
Do they compensate your travel expenses within a limit as well?
There is a concept called LTA here, which is similar.
- Manish
 
Marc Peabody
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You get paid for the week, but I am sure some companies are exception to the rule. Paid expenses??? Sign me up! That is not typical here for vacation time.
In addition, many companies will pay you for the vacation days you do not use at the end of the year. Others will accumulate days from year to year, usually with a limit of days. Still others may expire the days with no compensation. My company pays out vacation at the end of the year but I think the sick days expire.
Please explain LTA. I would find that most interesting.
 
Mark Herschberg
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Originally posted by Manish Hatwalne:
So you get a week off, and you are paid for that week. Is that right?
Do they compensate your travel expenses within a limit as well?

There's no expense budget, they just let you take days off.
To use round numbers, if you earn $52,000 a year, you get $1,000 per week. With 2 weeks of vacation, you can "skip" work for 2 weeks, and still earn $52,000 that year.
Vacation days usually vest during the year. When you leave, your employer is legally required to pay you for them. You also typically get sick days (which disappear when you leave, without payment). Vacation days may or may not roll over (accumulate from one year to a next--although they typically expire after the second year). Sick days do not. Vacation days typically have to be requested in advance and approved. Sick days are taken as needed.
These are in addition to paid holidays (typically 10 holidays). Some companies also offer floating holidays and/or personal days. In theory the former are for things like taking the Friday off after Thanksgiving (which is always on a Thursday) or for something like Yom Kippur. Personal days are supposed to be used for things like taking the kids to the doctor. Effectively, these are like vacation days.
In the last decade or so, some comapnies created a "timeback" in which you have a fixed number of days for sick, vacation, personal, etc.

--Mark
 
Jeroen Wenting
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very strange to see a limited maximum number of days you're allowed to call in sick.
Makes you think that companies consider it a vacation when you're stuck in bed with the flu...
What if you get seriously ill and have to spend a month in hospital?
 
Manish Hatwalne
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Thanks Mark,
The information has been indeed very useful!
BTW, that makes me wonder how many days of total off can you get besides the regular 10 holidays. It has been a long time I have taken off for a week or so. Really longing for a vacation, but the place where I work does not have structured holiday policy as such, neeed to talk to talk to my boss.
- Manish
 
fred rosenberger
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My company (in St. Louis, MO)
0-3 years - 2 weeks per year
3-7 years - 3 weeks per year
7-10 4 weeks per year
10+ years 5 weeks per year
vacation is accrued monthly. every month, i (5 years here) get an additional 1.25 days added to my vacation "bank". everybody can roll over up to 25 days every year. Not that i earn that many, but if i took no vacation for 2 years, i could save it up.
sick days are earned at 10/year, accrued monthly. up to 90 days can be saved in the "bank". 3 or more consecutive sick days require a doctor's note.
and if you don't have enough sick days in the bank, you don't get paid (you can use vacation days as emergency sick days).
 
Jamie Robertson
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Originally posted by Jeroen Wenting:
very strange to see a limited maximum number of days you're allowed to call in sick.
Makes you think that companies consider it a vacation when you're stuck in bed with the flu...
What if you get seriously ill and have to spend a month in hospital?

in Canada, sick days are there so that
1. you don't feel pressured to come to work if your not up to it ( no point in paying you to work if you're not going to be productive )
2. You stay home so that hopefully you don't bring the virus/bacteria to work and spread it
3. You don't have to use holiday days to be sick
4. Management acknowledge the fact that people do get sick, and allows them to strategically plan for this
Anything over 5 days and you qualify for Short-Term disability, which is a whole other beast!
 
Mani Ram
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Originally posted by Marc Peabody:

Please explain LTA. I would find that most interesting.

LTA stands for Leave Travel Allowance.
An employee is entitled for a fixed amount as LTA every year. The amount normally depends on the salary of the employee (say 1 month of basic pay per annum).
You can get back that money in 2 ways
i) You go on a vacation and produce the expense report. You will get back the amount you have spent on the vacation (subject to the maximum of the LTA you are entitled for). In this case, the amount you are getting back is exempted from tax.
ii) In another option, you don't need to produce the expense reports (it doesn't matter you went on a vacation or not). You will get back the amount you are entitled to in the year end. But in this case, the amount received by you will be taxable.
This is the general policy of LTA in India.
 
Tim Holloway
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Originally posted by Jeroen Wenting:
very strange to see a limited maximum number of days you're allowed to call in sick.
Makes you think that companies consider it a vacation when you're stuck in bed with the flu...
What if you get seriously ill and have to spend a month in hospital?

Sick days are limited because, unfortunately, there are those whose idea of "sick" is "don't feel like coming in". I'm talking goofing off, here, not incipient viral infections. Besides, everyone knows it's the American Way to come in while you're feeling ill so you can infect everyone at the office. After all, <sarcasm> we only measure productivity by people being physically present, not whether they can actually do anything. </sarcasm> If you're in hospital, that normally would come under disability, I think. Most employers have some sort of disability plan(s).
Also, note that although contractors are normally hourly employees, regular IT employees are almost universally exempt. They're paid based on an annual salary. Your paycheck for a given time interval in such a case is normally not going to vary unless something unusual has happened.
Of course, for some people I know, being hospitalized with the flu would be a vacation.
 
Jeroen Wenting
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That's the reason we have an inspectorate here that the boss can send in to check if you're really sick or not.
They can also demand you go to their appointed physician who will check you out and decide whether you're fit to work or not.
Many companies will only activate those procedures when there's reasonable doubt the person is not genuinely ill of course as they cost money.
If you don't trust your employees to not abuse their right to call in sick maybe you should reconsider your employees...
 
Manish Hatwalne
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Originally posted by Jeroen Wenting:
If you don't trust your employees to not abuse their right to call in sick maybe you should reconsider your employees...

Exactly!!!
Very well said...
- Manish
[ April 12, 2004: Message edited by: Manish Hatwalne ]
 
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