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Andrew I was at a company where General Leave was renewed at the end of the year. So, if you have 2 weeks and use it Dec 18 - Dec 31, Those 2 weeks are then given back by Jan 1 of next year. I have been at others which once you use it, you have to accumulate it back over a certain period regardless if its at the end of the year. My question is how does it work with your company with general leave.
Answered by Stephanie, Hiring Expert at Asurion, on Thursday, January 7, 2016
Companies have varying PTO policies. My previous employer gave a certain number of days each year, plus one extra day per year worked to employees. There, employees could only roll-over a certain number of hours. This ensured employees were taking PTO each year and not accruing an overwhelming amount during their tenure.
At Asurion, we have a flexible PTO policy, meaning there is no limit to vacation or sick time. Employees simply OK their time off with their supervisor ahead of time. To provide a check-and-balance to this policy, an employee's annual bonus is determined by the company's success as well as the individual contributor's performance. Obviously, to perform well employees need to be present and productive.
I hope this helps & wish you the best as you continue to search for answers to your question!
Companies have varying PTO policies. My previous employer gave a certain number of days each year, plus one extra day per year worked to employees. There, employees could only roll-over a certain number of hours. This ensured employees were taking PTO each year and not accruing an overwhelming amount during their tenure.
At Asurion, we have a flexible PTO policy, meaning there is no limit to vacation or sick time. Employees simply OK their time off with their supervisor ahead of time. To provide a check-and-balance to this policy, an employee's annual bonus is determined by the company's success as well as the individual contributor's performance. Obviously, to perform well employees need to be present and productive.
I hope this helps & wish you the best as you continue to search for answers to your question!
Answered by Rachel, Hiring Expert at Eaton, on Thursday, February 4, 2016
This is something that can only be answered by an individual company. Each company that you speak with may have a very different policy regarding annual leave, paid time off, paid vacation, sick leave...I could go on with what this time is called. This is a question to ask in a second interview to gain a better understanding of the benefits offered from the company in consideration.
This is something that can only be answered by an individual company. Each company that you speak with may have a very different policy regarding annual leave, paid time off, paid vacation, sick leave...I could go on with what this time is called. This is a question to ask in a second interview to gain a better understanding of the benefits offered from the company in consideration.
Answered by Sylvia, Hiring Expert at HP Inc., on Monday, February 8, 2016
Every company will have their own model on time off benefits. Some companies have a use it or lose it policy to encourage employees to rest up and refresh themselves. Some companies all a certain number of hours to be carried over each year and others may let you continue to build up all unused hours every year. I have worked with companies that are on an accrual process, some that start fresh on Jan 1 and other start fresh on the anniversary of your hire date. There are many approaches a company can take to employee benefits. If you are interviewing with a company they typically review compensation and benefits once they have determined to give you an offer. You can ask questions regarding benefits at any time during the interview process. If you are curious about the process at your company you should reach out to your HR Benefits Representatives.
Every company will have their own model on time off benefits. Some companies have a use it or lose it policy to encourage employees to rest up and refresh themselves. Some companies all a certain number of hours to be carried over each year and others may let you continue to build up all unused hours every year. I have worked with companies that are on an accrual process, some that start fresh on Jan 1 and other start fresh on the anniversary of your hire date. There are many approaches a company can take to employee benefits. If you are interviewing with a company they typically review compensation and benefits once they have determined to give you an offer. You can ask questions regarding benefits at any time during the interview process. If you are curious about the process at your company you should reach out to your HR Benefits Representatives.
