Thread regarding Oracle Corp. layoffs

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.


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| 2162 views | | 10 replies (last January 23) | Reply
Post ID: @OP+1k8vmjnf2

10 replies (most recent on top)

IIRC there was an HR email about this a long time ago. Accrued vacation got gobbled up by winter break many years ago.

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Post ID: @c86+1k8vmjnf2

@OP

I also just came to realization that my accrued vacation hours were all GONE when I got laid off recently. This is IMO a FRAUD where the vacation hours were automatically submitted by payroll and approved on employee's behalf to deduct the business days during the winter break.

What should be done is to pay out the accrued vacation hours to all employees. Fair and square.

Has anyone reached out to get any update?

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Post ID: @c5j+1k8vmjnf2

Unlimited vacation is a big scam.
The managers are advised to never even approve for a vacation more than 20 days in entire year.

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Post ID: @h2+1k8vmjnf2

I got switched to Flex in 2014 and I couldn't use all my accrued time before it went into effect, but when I got laid off I did get paid the remaining accrued time (60 hours). I do not know if they had decremented it at all.

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Post ID: @eb+1k8vmjnf2

@db CL org reduced it to maximum 10 days each time, so not totally unlimited.

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Post ID: @dh+1k8vmjnf2

If you work in a location where PTO is accrued and if there's mandatory Christmas shutdown in place (not all countries have it as mandatory) always book them as unpaid leave and save them for when you need them instead of when company wants you take them. Yes, you'll be paid less in a month of December but it all squares out at the end of the year.

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Post ID: @dd+1k8vmjnf2

@ad "Has the "unlimited PTO" fad run its course yet? For a while it seemed like everyone was doing that.

It crosses my mind that those who got multiple weeks of garden leave got their "unused PTO".

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Post ID: @db+1k8vmjnf2

Yup. True. I worked through the winter breaks, but this would be par for the course for
LE though.

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Post ID: @da+1k8vmjnf2

@OP
If you haven't figured out over the last 7 years that your vacation was being burned down over the 'winter break' then you haven't been paying attention. Maybe you should have taken advantage of the unlimited time off policy.

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Post ID: @b0+1k8vmjnf2

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