Just heard that Verizon is reducing vacation accrual caps to 125% from 150%? Is this legal in California?
5 replies (most recent on top)
Nothing is more insulting when they sc--w you but pretend they are doing it for your own good.
It's still very generous, you entitled tw-t.
This is done in many corporations -- not surprised - put your seat belts on the party is over
To be honest 125% is reasonable.
Many companies have a no rollover “use it or lose it” policy.
In California, employers can place a cap on how much PTO an employee can accrue, but they cannot take away or reduce PTO that has already been earned.
Example: If you earn 10 days of PTO per year and your employer sets a 125% cap (12.5 days), but you already have 15 days accrued under the existing 150% cap, you keep all 15 days. However, you won’t accrue any additional PTO until you use enough time to drop below the 12.5‑day cap.