Donating Vacation Time
Cheryl W
6 Posts
My company is considering implementing a program that will allow our team members to donate their vested vacation time (which is accrued based on hours worked) to team members who have no vacation time due to extinuating circumstances. If snyone is currently using such a policy, please share how your program works with me, along with the pros and cons and any pitfalls that may exist?
Comments
My wife is a member of the "Sick Leave Bank" and contributes 1-2 days per year.
She would then be able to use X amount of days in Y amount of time up to a max per event and a lifetime max.
The only way I could see such a program working is if you had thousands of EEs to contribute. Even then, who is going to make the determination who gets the time, what happens when it is all gone and someone else desperately needs time? Although your company is to be commended for wanting to create such a program, I personally think there are more headaches than advantages.
Using the "search" option to the left of this column, you can find several previous streams of discussion on this same topic by typing in "vacation donation." Hope this helps. tk
Tony Kessler, director of editorial
M. Lee Smith Publishers LLC
(615) 661-0249 ext. 8068