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Typical reimbursement for unused vacation when paid semi-monthly [closed]
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Typically, paid time off is granted in units of days. Also typically, upon ending ones employment, the employer pays the employee the value of his/her unused vacation days. If the payroll schedule is twice a month, how is the value of a day calculated since different months have different numbers of work days?
quitting vacation compensation
asked Mar 12 '15 at 13:09
Daniel
13318
closed as off-topic by David K, The Wandering Dev Manager, gnat, Carson63000, yochannah Mar 13 '15 at 12:06
This question appears to be off-topic. The users who voted to close gave this specific reason:
- "Questions seeking advice on company-specific regulations, agreements, or policies should be directed to your manager or HR department. Questions that address only a specific company or position are of limited use to future visitors. Questions seeking legal advice should be directed to legal professionals. For more information, click here." – David K, The Wandering Dev Manager, gnat, Carson63000, yochannah
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up vote
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down vote
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Typically, paid time off is granted in units of days. Also typically, upon ending ones employment, the employer pays the employee the value of his/her unused vacation days. If the payroll schedule is twice a month, how is the value of a day calculated since different months have different numbers of work days?
quitting vacation compensation
asked Mar 12 '15 at 13:09
Daniel
13318
closed as off-topic by David K, The Wandering Dev Manager, gnat, Carson63000, yochannah Mar 13 '15 at 12:06
This question appears to be off-topic. The users who voted to close gave this specific reason:
- "Questions seeking advice on company-specific regulations, agreements, or policies should be directed to your manager or HR department. Questions that address only a specific company or position are of limited use to future visitors. Questions seeking legal advice should be directed to legal professionals. For more information, click here." – David K, The Wandering Dev Manager, gnat, Carson63000, yochannah
Are you sure it has any value. In my state if the employment contact does not have a cash equivalent of a vacation day the value is $0. I had a company go under and got $0 for my unused vacation days. Your best bet is to take vacation days and then quit.
– paparazzo
Mar 12 '15 at 13:28
@blam it might not have any legal value, but I believe it is typical for employers to compensate for unused vacation days. At least my company does that.
– Daniel
Mar 12 '15 at 13:29
1
Voting to close because Questions seeking advice on company-specific regulations, agreements, or policies are off-topic.
– David K
Mar 12 '15 at 13:44
Take on board about how company specific this is, removed answer and voted to close.
– The Wandering Dev Manager
Mar 12 '15 at 13:46
@davidk I'm not asking about company-specific policies. I'm asking what's done typically.
– Daniel
Mar 12 '15 at 13:46
 |Â
show 2 more comments
up vote
0
down vote
favorite
up vote
0
down vote
favorite
Typically, paid time off is granted in units of days. Also typically, upon ending ones employment, the employer pays the employee the value of his/her unused vacation days. If the payroll schedule is twice a month, how is the value of a day calculated since different months have different numbers of work days?
quitting vacation compensation
asked Mar 12 '15 at 13:09
Daniel
13318
Typically, paid time off is granted in units of days. Also typically, upon ending ones employment, the employer pays the employee the value of his/her unused vacation days. If the payroll schedule is twice a month, how is the value of a day calculated since different months have different numbers of work days?
quitting vacation compensation
asked Mar 12 '15 at 13:09
Daniel
13318
asked Mar 12 '15 at 13:09
Daniel
13318
asked Mar 12 '15 at 13:09
Daniel
13318
asked Mar 12 '15 at 13:09
Daniel
13318
13318
closed as off-topic by David K, The Wandering Dev Manager, gnat, Carson63000, yochannah Mar 13 '15 at 12:06
This question appears to be off-topic. The users who voted to close gave this specific reason:
- "Questions seeking advice on company-specific regulations, agreements, or policies should be directed to your manager or HR department. Questions that address only a specific company or position are of limited use to future visitors. Questions seeking legal advice should be directed to legal professionals. For more information, click here." – David K, The Wandering Dev Manager, gnat, Carson63000, yochannah
closed as off-topic by David K, The Wandering Dev Manager, gnat, Carson63000, yochannah Mar 13 '15 at 12:06
This question appears to be off-topic. The users who voted to close gave this specific reason:
- "Questions seeking advice on company-specific regulations, agreements, or policies should be directed to your manager or HR department. Questions that address only a specific company or position are of limited use to future visitors. Questions seeking legal advice should be directed to legal professionals. For more information, click here." – David K, The Wandering Dev Manager, gnat, Carson63000, yochannah
Are you sure it has any value. In my state if the employment contact does not have a cash equivalent of a vacation day the value is $0. I had a company go under and got $0 for my unused vacation days. Your best bet is to take vacation days and then quit.
– paparazzo
Mar 12 '15 at 13:28
@blam it might not have any legal value, but I believe it is typical for employers to compensate for unused vacation days. At least my company does that.
– Daniel
Mar 12 '15 at 13:29
1
Voting to close because Questions seeking advice on company-specific regulations, agreements, or policies are off-topic.
– David K
Mar 12 '15 at 13:44
Take on board about how company specific this is, removed answer and voted to close.
– The Wandering Dev Manager
Mar 12 '15 at 13:46
@davidk I'm not asking about company-specific policies. I'm asking what's done typically.
– Daniel
Mar 12 '15 at 13:46
 |Â
show 2 more comments
Are you sure it has any value. In my state if the employment contact does not have a cash equivalent of a vacation day the value is $0. I had a company go under and got $0 for my unused vacation days. Your best bet is to take vacation days and then quit.
– paparazzo
Mar 12 '15 at 13:28
@blam it might not have any legal value, but I believe it is typical for employers to compensate for unused vacation days. At least my company does that.
– Daniel
Mar 12 '15 at 13:29
1
Voting to close because Questions seeking advice on company-specific regulations, agreements, or policies are off-topic.
– David K
Mar 12 '15 at 13:44
Take on board about how company specific this is, removed answer and voted to close.
– The Wandering Dev Manager
Mar 12 '15 at 13:46
@davidk I'm not asking about company-specific policies. I'm asking what's done typically.
– Daniel
Mar 12 '15 at 13:46
Are you sure it has any value. In my state if the employment contact does not have a cash equivalent of a vacation day the value is $0. I had a company go under and got $0 for my unused vacation days. Your best bet is to take vacation days and then quit.
– paparazzo
Mar 12 '15 at 13:28
Are you sure it has any value. In my state if the employment contact does not have a cash equivalent of a vacation day the value is $0. I had a company go under and got $0 for my unused vacation days. Your best bet is to take vacation days and then quit.
– paparazzo
Mar 12 '15 at 13:28
@blam it might not have any legal value, but I believe it is typical for employers to compensate for unused vacation days. At least my company does that.
– Daniel
Mar 12 '15 at 13:29
@blam it might not have any legal value, but I believe it is typical for employers to compensate for unused vacation days. At least my company does that.
– Daniel
Mar 12 '15 at 13:29
1
1
Voting to close because Questions seeking advice on company-specific regulations, agreements, or policies are off-topic.
– David K
Mar 12 '15 at 13:44
Voting to close because Questions seeking advice on company-specific regulations, agreements, or policies are off-topic.
– David K
Mar 12 '15 at 13:44
Take on board about how company specific this is, removed answer and voted to close.
– The Wandering Dev Manager
Mar 12 '15 at 13:46
Take on board about how company specific this is, removed answer and voted to close.
– The Wandering Dev Manager
Mar 12 '15 at 13:46
@davidk I'm not asking about company-specific policies. I'm asking what's done typically.
– Daniel
Mar 12 '15 at 13:46
@davidk I'm not asking about company-specific policies. I'm asking what's done typically.
– Daniel
Mar 12 '15 at 13:46
 |Â
show 2 more comments
1 Answer
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up vote
7
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Not every company calculates this the same way. Not every company pays out unused vacation. This is question for your local HR or you can look in your employee handbook which should describe the policy.
answered Mar 12 '15 at 13:30
HLGEM
133k25226489
suggest improvements |Â
1 Answer
1
active
oldest
votes
1 Answer
1
active
oldest
votes
active
oldest
votes
active
oldest
votes
up vote
7
down vote
Not every company calculates this the same way. Not every company pays out unused vacation. This is question for your local HR or you can look in your employee handbook which should describe the policy.
answered Mar 12 '15 at 13:30
HLGEM
133k25226489
suggest improvements |Â
up vote
7
down vote
Not every company calculates this the same way. Not every company pays out unused vacation. This is question for your local HR or you can look in your employee handbook which should describe the policy.
answered Mar 12 '15 at 13:30
HLGEM
133k25226489
suggest improvements |Â
up vote
7
down vote
up vote
7
down vote
Not every company calculates this the same way. Not every company pays out unused vacation. This is question for your local HR or you can look in your employee handbook which should describe the policy.
answered Mar 12 '15 at 13:30
HLGEM
133k25226489
Not every company calculates this the same way. Not every company pays out unused vacation. This is question for your local HR or you can look in your employee handbook which should describe the policy.
answered Mar 12 '15 at 13:30
HLGEM
133k25226489
answered Mar 12 '15 at 13:30
HLGEM
133k25226489
answered Mar 12 '15 at 13:30
HLGEM
133k25226489
answered Mar 12 '15 at 13:30
HLGEM
133k25226489
133k25226489
suggest improvements |Â
suggest improvements |Â
Are you sure it has any value. In my state if the employment contact does not have a cash equivalent of a vacation day the value is $0. I had a company go under and got $0 for my unused vacation days. Your best bet is to take vacation days and then quit.
– paparazzo
Mar 12 '15 at 13:28
@blam it might not have any legal value, but I believe it is typical for employers to compensate for unused vacation days. At least my company does that.
– Daniel
Mar 12 '15 at 13:29
1
Voting to close because Questions seeking advice on company-specific regulations, agreements, or policies are off-topic.
– David K
Mar 12 '15 at 13:44
Take on board about how company specific this is, removed answer and voted to close.
– The Wandering Dev Manager
Mar 12 '15 at 13:46
@davidk I'm not asking about company-specific policies. I'm asking what's done typically.
– Daniel
Mar 12 '15 at 13:46