4/8 I recently got my first raise, and I'm curious: are my accumulated
vacation hours worth more now, or will I be paid according to the
rate I was receiving when I earned them?
\_ This depends entirely on your employer. Ask HR.
\_ I think they are always worth more now to the company, because if
you take the vacation now, the company is obligated to pay you at
your new rate while you are not working. The new rate is what they
now have to use for accounting purpose. But I don't know what rate
they'll use if you decide to cash-in the vacation time and the
company allows that.
\_ I've always had them valued at my current salary when I cashed
them in.
\_ if it were any other way, what would happen when you started
taking vacation? would the company use prepromotion vacation days
first or are they bastards, in which case they use your post-
promotion vacation days first... then, when you cash out, they
cash you out at pre-promotion wages. it would be a mess and
probably illegal.
\_ I just got paid for all the hours i've accumlated over our max
and I was paid at my latest salary. -sky
\_ New rate. Doing it the other way would screw with accounting. |
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