I'm taking a day off of work today. Part of our time off is accrued on a paycheck to paycheck period. You get a certain amount per paycheck that goes into this 'bank'. It's capped off at a certain limit, and if you hit that cap, you stop accumulating time until you use part of it.
There is an advantage to keeping the balance of this bank high. The reason is that, with our company, this bank is paid out in full in the event that you lose your job. This is in addition to any severance or anything else.
I'm feeling very secure in my job, but still, in this day in age, who knows? So I strive to keep my balance of unused time as high as possible just so I know that, in the event of dire circumstances, I'll have a little bit of an extra cushion. Still, it's one thing that I have to keep an eye on to make sure that I'm taking full advantage of this.
After all, my employer is including this as part of our compensation package, so why not maximize it to the fullest potential and make sure not to lose any time?
Off to enjoy the day and get some things done around the house!
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Monday, March 15, 2010
The Time Off Juggling Act
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