My colleague reminded me that my unused sick/vacation days can be cash should I ever leave my job!

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  • #84192 Reply
    Van

      There is a cap on vacation days being able to cash out but I’m nowhere near that. Surprisingly it’s actually quite a hefty sum. Does anyone consider adding that to their net worth?

      #84193 Reply
      John

        Company HR always has a way of making people fight for it somehow with a not yet calculated plentiful loss of hours on your part.

        It’s crazy companies would rather retain someone with $40,000 to make hurdles for other people and tarnish their brand a little each time people leave than just pay people the money they deserve.

        #84194 Reply
        Brooke

          Only if you cashed it in, don’t count money that doesn’t exist.

          #84195 Reply
          Kathryn

            For me, my sick days equal and additional 2.4% on my pension. I don’t don’t count them though because I could always get an illness that would eat them up. I do consider them short term disability insurance tho since I have so many.

            #84196 Reply
            Andrea

              If it has a cash value, then yes. But here’s the option I took—-I stayed on payroll for an extended period of time once I ‘retired’ and burned it down. This allowed me to stay on company insurance at their rates, and it allowed me to continue to contribute to my retirement accounts with the match. Ask your HR if this is allowed.

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            Reply To: My colleague reminded me that my unused sick/vacation days can be cash should I ever leave my job!
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