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WHAT IS PAID TIME OFF? AND WHY YOU SHOULD USE IT BEFORE YOU LOSE IT

Paid time off is a policy in some employee handbooks that provides a bank of hours in which the employer pools sick days, vacation days, and personal days that allows employees to use as the need or desire arises. Upon employment, the employer determines how many paid time off hours will be allotted per year.

Paid time off may have another effect, though. If your sick days, personal days, and vacation days all draw down your bank of free time, you may be less likely to take a day off when you are a little under the weather.

Saving paid time off can work well for you if your employer lets you hold on to all your unused days. But a new survey found that companies are less and less inclined to let you do that. Just 9 percent of employers allow employees to cash out unused vacation time when they leave their jobs.

But with fewer employers allowing carry-overs of unused time, you have less and less reason to save it. After all, if you can’t use the time later, why wait?

Read More: http://goo.gl/9N5bJG

The Law Offices of Payab & Associates is a Los Angeles based law firm with more than 17 years of experience in employment cases. Our office has successfully litigated many complex disputes including wrongful termination, sexual harassment, racial discrimination, wage and labor disputes, and retaliation cases.

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Why Choose Payab & Associates

  • Over 20 years of legal experience
  • Recipient of “People Love US” on Yelp for 3 years
  • Over 400 five-star reviews on Yelp, Google & Avvo
  • Rated A+ with the Better Business Bureau
  • Tens of Millions of dollars recovered for our clients
  • No fees or costs unless we recover money for you
  • We speak Spanish

Client Testimonials

  • The Law Office of Payab & Associates Thank you from the bottom of my heart.
  • The Law Office of Payab & Associates Going with David for help was the best thing I could have done.
  • The Law Office of Payab & Associates I highly recommend Payab and Associates.
  • The Law Office of Payab & Associates There are no words to express my appreciation.
  • The Law Office of Payab & Associates I felt well represented with Mr. Payab as my attorney.
  • The Law Office of Payab & Associates It was really a pleasure having him as my attorney and I greatly recommend him.
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