Why would a company not want you to carry over vacation?

[CPanther95]

The company I used to work for allowed us to carry over 1 week - and sell one week - each year.

 

[sam_gordon]

If a company allowed unlimited weeks to be carried over, they could end up owing everyone a lot of vacation, come to the end of the year, and have them all off at once with no wiggle room.

Not really. The company can easily have a policy that limits how many people can take vacation simultaneously, which would prevent everyone being off at the same time.

ETA: My company is a "use or lose it" one. Personally, I wish they would allow roll over, but limit how much you can roll over. Maybe 10% (or 20% or whatever) of your allowed time (so if you get 4 weeks of vacation, you can roll over 2 days). Or if you decide to rollover, you rollover 1/2 of what you have remaining. So if there are 2 days you can't take in 2016, you can get 1 additional day in 2017.

 

[NHdisneylover]

I wonder if zombies can carry over their vacation?

Ack! I totally missed the date this time

 

[aquabone1109]

We have a strange policy where I work. I get 6 weeks of vacation a year and 2 weeks of sick. We do not have a use it or lose it. We can carry over all sick time and can carry over 40 hrs of vacation. Anything left over at the end of the year that is over 40 hrs will be cashed out. We also have the option of cashing out all left over vacation time instead of carrying over 2 weeks. Now here is the strange part. We have an honor system where we manage our own vacation time (just need to coordinate with co-workers to make sure we do not all go on vacation at the same time). My boss who I maybe see once a year does not know if I am ever working or not since I only go to the office maybe 3 days out of the month and work from home the remainder or I am traveling which is about 2 weeks a month.

 

[Gumbo4x4]

I can't carry over any of mine, nor could I in 2009.

 

[PollyannaMom]

Not really. The company can easily have a policy that limits how many people can take vacation simultaneously, which would prevent everyone being off at the same time...

But then they run into the financial problem other people mentioned, where people have carried over so much (either because they wanted to or because other people were off, so they had to) that they are owed a lot of pay when they leave.

...ETA: My company is a "use or lose it" one. Personally, I wish they would allow roll over, but limit how much you can roll over. Maybe 10% (or 20% or whatever) of your allowed time...

I like limited rollover best, too!

 

[kamik86]

I'm actually surprised how much time my company allows us to carry over.

We have three banks of time now.

Floating holidays. We get 80 hours a year of holiday time, but because most of us work 9/80 different people have a different number of core holidays (christmas, thanksgiving... days work is closed) after they subtract whatever we have fore core that year we get whatever is left. This does not accrue.

Mytime - basically sick time. They made this due to a law that everyone must get sick time and that there are rules about if they can deny you sicktime. So they use this to track the time they can't deny. (although most managers never deny anything unless someone is absolutely ridiculous) This doesn't accrue, but its only a week worth of time.

PTO - This one accrue. I have been here 7 years and I get 112 hours per year those that are under 5 get a bit less and those that have been here longer get more. This accrues. You can accrue up to three years worth.

So for me I could potentially have 336 hours of PTO, 40 hours of myTime, and floating holidays tends to come out to about 20 hours a year... so 396 hours at once. Which surprises me as being able to take off 10 weeks would leave a pretty big hole, or a large debt to be repaid if someone left.

 

[cluvsdisney]

Our vacation policy is use it or lose it. We used to be able to save all of our days or get paid out for them but for various policy & budgeting reasons, they stopped all that.

 

[North of Mouse]

We were just notified that our company has changed their policy and is no longer allowing employees to carry over any vacation.
I get 3 weeks a year and I right now, I've got 4 weeks that I'm going to have to use by the end of the year.
I was planning a 2 week WDW trip for next spring, thinking that I would be starting the year with at least 4 weeks of vacation. But now it looks like taking a 2 week trip in the spring would only leave me with 1 week for the rest of the year.

I'm puzzled, trying to figure out how it benefits the company to get rid of the carryover vacation.

Dh worked (now retired) for a large well known company and got 6 weeks vacation after 20 years service. We normally took 4-5 weeks, so it started accumulating. Then, several years ago they announced no more than 2 extra accumulated weeks per year. The 'reason' is the company 'must' escrow the 'monetary' value of each employee's 'paid' time, and they decided it was getting too large for them do it anymore. Several employees were 'saving' most all their vacation time, then either using so much at one time it was a burden, 'or' retiring with several months 'paid' time.

Plus, the company thinks (and I tend to agree with) that people 'need' a vacation break from the job - clears their heads, good for the health and physical well being of employee and family - makes for healthier, more productive employees.

Just think about it - does it 'really' cost a company when you take your vacation?? Most (all) the time the remaining employees have to take up the slack and do your job too!! The company is 'out' nothing!!! So, they got tired of 'paying out' when they didn't have to!