Paid Time Off

[disneychrista]

Do you use al your paid time off as soon as you accrue it or do you bank it for a rainy day? Or maybe you are somewhere in between you don't use it as soon as you accrue it but you have plans to use most or all of it throughout the year.





Me, I have 3 banks of leave. Sick, Vacation and Personal. I use all my personal leave each year because it does not carry forward. Sick leave can accrue unlimited and probably use 1/3-1/2 of it each year. vacation I probably use 1/3 of my time but also cash out 1/4 of it every year, which helps pay for the vacation I use it for.

 

[Skippy918]

I like having a buffer of time off. The worst part of starting a new job is not having any time off in your bank and it takes so long to accrue a week. Now I am between the 2-3 year mark and have around 3 weeks vacation and maybe 4-5 weeks sick leave available. I think I only used 1 sick day this year. I use 2-3 weeks vacation each year and my 4 personal days.

 

[soccerdad72]

We can carry over up to 45 days of vacation time at the end of our fiscal year (June 30). Since COVID times, I’ve pretty much done that. We can only cash out 30 days at retirement, so my goal in the next few years is to work that balance down so that it’s closer to that 30 when I retire.

We also get separate sick time, which I’ve lost track of how many days I have. It carries over every year. I can cash out 45 of those as well. And we get 4 personal days, which are use it or lose it.