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Re: For what it's worth...

Subject: Re: For what it's worth...
From: "Guy K. Haas" <guy -at- hiskeyboard -dot- com>
To: "TECHWR-L" <techwr-l -at- lists -dot- raycomm -dot- com>
Date: Wed, 17 Dec 2003 09:19:40 -0800


I, too, have had that experiende in Silly Con valley. The concept is that unused vacation is a debt on the company's books. If you take a week off, they do not have to pay cash AND carry the debt -- they are paying down the debt without having to pay out cash.

Keri Morgret wrote:

I've seen the forced time off many times when I was in Silicon Valley. My understanding is that there are actually two reasons behind this.

1) Save money by closing the plant and not using the electricity, etc. during the plant closure.

2) Reduce liability on the books. The employees often take vacation time, which the company still has to pay - but it reduces the company's liability.. someone else can probably explain this better than I ...



--
Guy K. Haas
guy -at- hiskeyboard -dot- com | gkhaas -at- usa -dot- net
http://swexegete.typepad.com/GuysBlog
Software Exegete in Silicon Valley


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References:
RE: XML-based Help Authoring tools for customized help: From: Bill Lawrence
For what it's worth...: From: k k
Re: For what it's worth...: From: Keri Morgret

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