#ptopolicy

Posts mentioning hashtag #ptopolicy

Below are all the posts — topics as well as replies — that mention the hashtag #ptopolicy.

Mention #ptopolicy in your post to continue the discussion!

You Asked, We Listened!

You asked, we listened! Our vteam family let us know they wanted to reduce vacation accrual max from 150% to 125%. This gives our superstars more time to set the foundation to play to win. It also helps reduce severance for future rifs which delights our shareholders. I am humbled, honored and energized for all we have accomplished as we continue to build the future at scale - together!


NG PTO/Vacation Policy

Just a quick question, I've been with NG for 7 months now. I've been in the corporate world for 20+ years and I didn't quite understand how backwards their PTO policy is. I was given 40 hours upon my onboarding in October. At the beginning of the year, I was not given any additional hours. I accrue PTO at 3.04 hours every two weeks. This policy doesn't seem competitive with any company I've ever been associated with. Even retail places like Walmart or Di-k's has a better policy.


Use your PTO

If you survived, I recommend using your PTO now if you haven’t already. Policies vary by state, but unused PTO will most likely not be paid out.


PTO payout

I was rif'd in February and I noticed my paycheck was a lot hiring. Looks like they paid out PTO. Anyone else get that paid out? I didn't think they were going to pay PTO because of the new policy that came out last year. Could it be a state rule? I'm in NY.


Illegal sick time practices at WF

How does WF get away with these practices of reducing PTO hours for usage of sick time?

In NYC, the following law applies: “NYC's sick leave law, the Earned Safe and Sick Time Act (ESSTA), requires employers to provide paid time off for various reasons, including personal or family illness, medical appointments, and absences due to public health emergencies or domestic violence. The amount of paid leave depends on employer size, with employers with 100+ employees providing up to 56 hours annually.”

However, WF’s own policy states: “If you’re a pto eligible employee, you don’t receive paid sick time in addition to your paid time off allowance. Instead your pto can be used for reasons covered under the sick time law to provide pay and job protection. Using sick time in workday decreases your pto balance by reducing those requested hours from your monthly pto accrual.”

Isn’t this illegal?


Accrued Vacation Hours Payout

I was wondering if anyone who joined Oracle before 2018 and were on the accrued vacation hours system before the switch to Flex PTO, is aware that Oracle deducts accrued vacation hours each year during the company-wide Winter Break.

What this means is over time, any vacation hours saved up before 2018 would eventually go down to zero — and employees leaving the company now wouldn’t receive a payout for those previously accrued hours.

For those who joined after 2018, their Winter Breaks are fully covered without any deduction (because there's nothing to deduct). I’m curious if others have noticed the same.


Told Ya'll

I’ve been ringing the bell on this for over a year—both here and in person. The writing’s been on the wall, layoffs were always coming this year. The PTO change was the clear warning sign.

I got out earlier this year and stopped even checking this site. Honestly, I’m amazed so many are acting surprised. Pull your head out of the sand.

And don’t think it’s over. Next comes a “mini reorg” here, another one over there, then suddenly—“oops, redundancies!” More cuts.

Bottom line: leadership has a headcount number they need to hit. Their bonuses are tied to it. Things will break, just like the culture that’s been shifting downhill for the last decade. Same as the country—leadership has their plan, and the rest of us just get dragged through the tank while they hit their targets.

Best advice: build a path that’s about you, not about serving an employer.


PTO Changes coming

I've heard that there will be a PTO change coming since we acquired Cigna. There are too many state differences which means that some states will get more PTO than others because of the differences. Also heard they may let only those affected know. Seems shady if that's the case.


Sycamore Rumors and Changes

Things I’ve heard and seen posted on their sites. I’ve definitely heard about the remote workers being laid off if they don’t relocate, and the multiple support center layoffs. I’ve also heard about 2-3 days back to the office, not 5, but I guess we’ll see.

  • Removal of FTO
  • If you aren’t at Walgreens when bonuses (if we even get them) are paid out in November, you won’t get one.
  • Switching to Business Casual, no jeans or sneakers.
  • 10/20: Remote Employee town hall informing them to relocate or they will lose their job.
  • 10/21: 10% support center workforce reduction
  • January: 30% support center workforce reduction
  • January: 2-3 days in office but also heard it may go to 5 days in office