Anniversary & Introductory period
StephanieHR
9 Posts
I was speaking with another person in the HR field recently, and we were discussing anniversary time and when certain things such as 401(k) enrollment and vacation time would kick in.
The only way that I have ever done things is by marking a one year anniversary by the person's start date as a regular full-time employee.
However, she told me that all of the information that she keeps coming up with leads her to believe that an introductory period, in this case say 90 days, would not count towards that first year. So, in other words, the employee would get through the 90-day probation period, then you would count one year from the 91st day to determine when 401(k) eligibility, vacation time, etc. would be earned.
Which is correct??
The only way that I have ever done things is by marking a one year anniversary by the person's start date as a regular full-time employee.
However, she told me that all of the information that she keeps coming up with leads her to believe that an introductory period, in this case say 90 days, would not count towards that first year. So, in other words, the employee would get through the 90-day probation period, then you would count one year from the 91st day to determine when 401(k) eligibility, vacation time, etc. would be earned.
Which is correct??
Comments
She mentions 'the information she keeps coming up with'. I would be interested to know what she's talking about.
PORK
I just had never heard of such a thing, but after speaking to her, I started to wonder if maybe there was something I was not aware of and had been doing wrong.
It was always my understanding that a person was an employee of a company from their start date on, no matter if there's a probationary period or not. They're working for the company during that time, receiving their wages, etc., why shouldn't that be considered employment time.
I should have inquired further as to what references she was using for this information....I am curious.
Enjoy the weekend everybody!