Max Rollover for Vacation Days

We're reviewing our policy regarding carry-over of vacation time from calendar year to calendar year. Currently, we do not have a cap on vacation carry-over, but the recent departure of a 20yr employee who took 501 hours of vacation with them has brought us pause. So, curious as to what others are doing as it relates to carry over maximums. Any suggestions would be greatly appreciated! Thanks!!

sstogner
san antonio, tx

Comments

  • 11 Comments sorted by Votes Date Added
  • We do not have a maximum carry over. We do not allow any vacation carry over from year to year. Our policy is use it or lose it in the calendar year.
  • Our employees are allowed to carry over up to one-half of their annual number of vacation days from one year to the next.
  • Carry-over is approved by the CEO, and only if dictated by business necessity.
  • I work for government entity and we allow 45 days or 337.5 hours, which is the amount that the retirement system allows you to cash out your last year. Sick leave is not cashed out.
  • Our employees accrue leave every pay period based on their time with the company. The max in their leave bank is the equivalent of 1 year and 11 months (23 months) accrued leave.

    We also allow employees to buyout leave up to once per year on a 50% basis (100 hours of leave off the books equals 50 hours of regular pay).

    Long time employees can accrue over 500 hours, but management is ok with that.
  • Also govt. . our cap on vacation is 400 hours... all paid out at termination.
  • Our max carryover equals the annual cap. Here's what our policy says:

    [B]Can I carry over unused PTO from one year to the next? [/B]You bet! Currently, regular employees can carry over all their hours from one year to the next. However, depending on their length of service, there is a cap on the amount of PTO employees can accumulate (see below). Once you reach your cap, you won’t accrue hours until you use up some time; after that, you’ll start accruing again.

    1st year employees 120 hours
    2nd year employees 128 hours
    3rd year employees 136 hours
    4th year employees 144 hours
    5th year employees 152 hours
    6th year -9th year employees 160 hours
    10th year + employees 168 hours
  • We're local gov't. We cap at 240 hrs annual and 720 hrs sick. We allow up to 2 weeks worth of sick leave traded back for 50% annual leave, provided they keep two weeks worth of sick leave on the books.

    P.S. Still Need Coffee, I love the way your policies sound (so positive)!! Ours are written much more like "Thou shalt not!"
  • Our cap is twice the annual accrual. The annual accrual is graduated based on years of service.
  • We are a subcontractor to the government and have a tiered paid time off accrual. There is no sick leave.

    From accredited service date until 5th anniversary of that date 120 hours a year 480 hours max.

    From 5th anniversary date until 20th anniversary date 160 hours a year 640 hours max.

    From 20th anniversary date 200 hours a year 800 hours max.

    Once you max out in your section then no more is accrued until you go below the maximum amount.**==
  • [quote=pamelah;724349]We are a subcontractor to the government and have a tiered paid time off accrual. There is no sick leave.

    From accredited service date until 5th anniversary of that date 120 hours a year 480 hours max.

    From 5th anniversary date until 20th anniversary date 160 hours a year 640 hours max.

    From 20th anniversary date 200 hours a year 800 hours max.

    Once you max out in your section then no more is accrued until you go below the maximum amount.**==[/quote]



    Your first post! Welcome to the Forum. :welcome:
    Sharon
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