Quick background - the last few years, towards the end of the year, we've been allowed to sell back some of our unused vacation time. Usually in October we'd turn in a form, and at the beginning of December they'd deduct that vacation time from our balance and pay us for it. For instance, on Thursday I'm getting my check with my extra 80 hours of pay (Who-hoo, double check! It would be exciting, but it's just all going to the bank and towards the basement/driveway, I think). Anyway, they changed the policy for next year and all subsequent years.
Here's the deal. I have to tell them by December 29th if I want to sell any vacation next year (to be paid in December). And that's not all. If I elect to sell vacation, I don't accrue any more until I've 'paid off' the balance of what I'm selling. So, until I've accrued X hours more vacation, all I have is what's in my balance now. Which isn't much, relatively speaking. If I sell back 40 hours, I don't get additional vacation until April. If I sell back 80 hours, I don't get any additional vacation until July. I can sell any number of hours, but somehow doing it in even week increments seems the best. Don't ask me why.
So, do I take the plunge and sign up now? And if so, for how much? At the end of the year I'll roll over about 90 hours. Sure, that sounds like plenty, but with all the stuff that's gone on with the house... between taking time off for repairs, deliveries, etc... will I have enough in case of an emergency? Say we get a bad hail storm and I need to stay home and get the roof fixed, or a tree taken down, or the water heater replaced... I could run into an issue. Let alone just taking a few days off for relaxation!
On the other hand... money. Sure, I won't get it until December, but that's nice Christmas money. And I tend to take a lot more days off in the second half of the year, anyway. So what do y'all think? Sell, don't sell, 8 hours, 80 hours...?
Here's the deal. I have to tell them by December 29th if I want to sell any vacation next year (to be paid in December). And that's not all. If I elect to sell vacation, I don't accrue any more until I've 'paid off' the balance of what I'm selling. So, until I've accrued X hours more vacation, all I have is what's in my balance now. Which isn't much, relatively speaking. If I sell back 40 hours, I don't get additional vacation until April. If I sell back 80 hours, I don't get any additional vacation until July. I can sell any number of hours, but somehow doing it in even week increments seems the best. Don't ask me why.
So, do I take the plunge and sign up now? And if so, for how much? At the end of the year I'll roll over about 90 hours. Sure, that sounds like plenty, but with all the stuff that's gone on with the house... between taking time off for repairs, deliveries, etc... will I have enough in case of an emergency? Say we get a bad hail storm and I need to stay home and get the roof fixed, or a tree taken down, or the water heater replaced... I could run into an issue. Let alone just taking a few days off for relaxation!
On the other hand... money. Sure, I won't get it until December, but that's nice Christmas money. And I tend to take a lot more days off in the second half of the year, anyway. So what do y'all think? Sell, don't sell, 8 hours, 80 hours...?