HR is yet again revamping benefits. They are looking at some California models which allow unlimited paid vacation as long as you deliver your work on time. Apparently employees like this better and actually use less vacation while feeling more responsible. Best for Chevron is they don’t have to pay you out for it at year end or at a layoff. Abuses occur but are rare and can lead to termination. Thoughts?
24 replies (most recent on top)
@3ktf Cool story bro, I take 5. No one cares. You do you lol!
I only had one boss that tracked my vacation days. The rest never bothered so I just take what I need and record what is official. I always take three extra weeks at Christmas because nobody is around anyhow.
you can absolutely exceed your chevron cap for vacation hours AND NOT get paid for them. You just stop accruing at the CAP.
I hope someone from HR reads this and does an audit. I dont think i earned vacation for the better part of a year after transformation......
So what some of you guys are saying is that you are taking an entire week to do 2 or 3 days worth of work. Can't say I'm surprised, knowing the types who troll this site (or any website) many days instead of working. I suppose that during the next round of layoffs if they clean out some of the people who are taking all week to do 2 days of work and replace them with some people (old, young, whomever) who are honest and have a work effort that could save us an awful lot and improve morale. Win-win!
I would love a month off every quarter or so. I can manage the workload.
I think taking every Mon and Tues off could be cool. Those days can be rough and wasted on meetings.. I can crank enough on W and Th to finish all my stuff for the week.
I know companies that do this like Baker Hughes. Most folks don’t take as much vacation. It still has to be approved by the supervisor. Not sure I would like it.
Can work OK if the culture is alright but can lead to abuse. Partner works for an ed tech company and last year 25% of employees ended up taking 16 weeks vacation. On top of other national holidays.
52 weeks is no problem as long as every deliverable is on time and top quality.
So can I take 52 weeks of PTO?
It can work really well but exec management has to lead by example by taking off many weeks of vacation. Most of them are so old they already get six weeks so under the new policy they should be taking 8-10 weeks off or nearly one week per month.
This is a sure-fire way to get haphazard work done in order to take time off. This is a shiny bobble Silicon Valley start-ups wave in front of employees, then work them into the ground so that they can never take any time off.
Unlimited PTO only benefits the company since nothing is owed if you terminate. Realistically no one takes a lot of time for feat of retaliation or being pegged as a slacker. Accrued is best.
- You cannot 'lose' your vacation. IRS rules (thanks to Wall St., who gave new hires huge vacation allotments, then never let them take them). Chevron will make you take them, otherwise they have to pay you for them. 2) Chevron can't even get people to show up on working Fridays (or hybrid Mondays or Fridays now), how would they ever control 'unlimited' vacation? 3) Lots of people who did (or heard about) WFH people working 2nd jobs will salivate at this.
@1xzm, In 2016 they gave me and many more folks 1 year paid vacation off the bat…. Then it suddenly stopped.
If it unlimited I would take 6 months paid right off the bat. What can they do?
Not a fan of this proposed change in vacation accrual. We’re all professionals here. Use it or lose it. Plan your vacation and take it all within the current year, with allowance to carryover into the next year if the days are concurrent. Only in limited circumstances if your pay grade is over a PSG 23 and authorized by the employee’s superior should you be allowed to stockpile vacation days and be allowed to redeem them later for a cash payout or get more than 5 consecutive weeks off.
My father’s company does this “unlimited vacation” model. He works in IT/tech as a developer. He hardly ever takes vacation. When he does come down to visit his grandkids, he brings his laptop and spends at least two days working. He goes on half the trips to visit as my mom. Maybe it’s his personality, but I think there’s a lot of pressure to stay busy.
Well,then why not WFH? WFH would fit I to this and many would be on "Vacation" and still do their work! Not gonna happen.
I would love it. I could use 6-8 weeks of vacation right off the bat and I know I could swing it if I travel with my laptop. Great news!
Never would happen in Chevron. Too many abusers already. It might work in software companies with insane deadlines and always full backlogs.
Plus it benefits the company in cases of layoff. Since vacation time is not defined no payment of accrued vacation "days" is required.
Fake News. OP is the same guy who regularly posts the “I have heard…” thing just to stir it up.
Sure hope this is untrue. I have worked at a place that has a model like this before and as OP points out, all it does is make employees feel like they cannot take ANY time off. This would be an extremely shortsighted decision.