What's your vacation Policy?
DeniseR
22 Posts
Hello All,
We are looking to enhance our vacation policy to reward people for seniority and improve retention. Our current vacation policy is:
Start date- 1 year= 7.5 days per year
2-5 years=10 days per year
6-10 years = 15 days per year
11+ years= 20 days per year
We also allow 3 sick days per anniversary year. What's your sick time like as well?
Thanks for all of your input!
Denise
We are looking to enhance our vacation policy to reward people for seniority and improve retention. Our current vacation policy is:
Start date- 1 year= 7.5 days per year
2-5 years=10 days per year
6-10 years = 15 days per year
11+ years= 20 days per year
We also allow 3 sick days per anniversary year. What's your sick time like as well?
Thanks for all of your input!
Denise
Comments
6 -15 Years = 15 days
16-25 Years = 20 days
25+ Years = 25 days
We allow 5 sick days per year.
----------------------------------------------
YEARS OF ELIGIBLE SERVICE VACATION HOURS
EACH YEAR
----------------------------------------------
After 1 year 40 hours
After 2 years 80 hours
After 9 years 120 hours
After 14 years 160 hours
Beginning with the 5th year of service, additional vacation time will be added according to the following schedule:
5th Anniversary Date:8 Additional Vacation Hours
6th Anniversary Date:8 Additional Vacation Hours
7th Anniversary Date:8 Additional Vacation Hours
8th Anniversary Date:8 Additional Vacation Hours
10th Anniversary Date:8 Additional Vacation Hours
11th Anniversary Date:8 Additional Vacation Hours
12th Anniversary Date:8 Additional Vacation Hours
13th Anniversary Date:8 Additional Vacation Hours
We also allow EEs to earn 3 extra vacation hours a month for perfect attendance and if they have 12 months perfect attendance an additional 4 hours for a total of 40 "Earned" vacation.
Sick leave is 80.6 hours per year. EE have the opportunity twice a year to cash some of that in.
• During the 1st calendar year of employment - 10 days
• During the 2nd calendar year of employment
and up to the completion of the 4th calendar year of employment - 15 days
• Starting with the 5th calendar year of
employment - 20 days
15 days your first year, with one additional day per year up to 20.
Union:
15 days your first year, with on additional day every three years up to 20.
Everyone gets 10 sick days per year.
3. How much VACATION time do your employees get in their second year of employment?
10.3% - 1 week per year
78.5% - 2 weeks
9.1% - 3 weeks
1.3% - 4 weeks or more
0.8% - None
4. How much VACATION time do your employees get after 10 years of service?
0.5% - 1 week per year
5.6% - 2 weeks
57.0% - 3 weeks
36.2% - 4 weeks or more
0.7% - None
Hope this helps.
James Sokolowski
HRhero.com