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Need a policy because of a recent regulatory change? We’ve got it for you. Need some quick training on a specific HR topic? We’ve got it for you. HR Insider provides the resources you need to craft, implement and monitor policies with confidence. Our team of experts (which includes lawyers, analysts and HR professionals) keep track of complex legislation, pending changes, new interpretations and evolving case law to provide you with the policies and procedures to keep you ahead of problems. FIND OUT MORE...
Vacation Pay Policy

Vacation is annual paid time off for employees. All jurisdictions have minimum standards for paid vacation and your policy needs to be consistent with the applicable law. Your policy may exceed the minimum standards allowed in the law.

Vacation policies tend to cover:

Employee's eligibility for vacation with pay
Length of vacation (typically longer with more years of service)
How vacation time can be taken (all at once, one week at a time, etc)
Vacation pay (how much, and when employees receive it)
Scheduling vacations
Accrued vacation time (whether employees must take it within the year, or if carryover is permitted)

Accrued vacation time can easily get out of hand, requiring large payouts. Due to this, some organizations limit the number of days of vacation an employee can carry over to the next fiscal year. Employees are encouraged to take their vacation in the year in which it is earned. In an organization with a diverse staff, accrued vacation needs to be given care...

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