Expanded Annual Leave Benefits

Expanded Annual Leave

There are a growing number of companies around the United States that offer employees the option to sell annual leave at the end of the year. Some companies also offer the option to earn extra annual leave by working holidays. But what about a program that allows employees to buy annual leave using payroll deductions?

As modern human resource philosophy looks to provide employees with greater choices in how they earn and spend annual leave, employers are increasingly providing such alternatives to boost morale and retention.

To that end, a number of companies have chosen to add an annual leave purchase option to their benefit plans. Employees at these organizations that can use additional time off have the option to participate in the plan during an open enrollment period. A person would then pay for the additional leave in regular paycheck allotments throughout the course of the year. There are limits on the amount of leave a person can purchase, with many companies choosing to cap that amount at 5 extra days per year.

Other, less-often utilized employer options for annual leave use include:

– Selling annual leave to buy other benefits such as life insurance, long-term care insurance, or health and dental coverage.

– Donating annual leave to a general pool of leave. Other employees could then access the pool when they need extra time.

– A combined leave program merges an employee’s annual leave, sick leave, and personal time to be used for any purpose throughout the year.

Do you think one or more of these options could be implemented at the Postal Service?

Advertisements

4 Comments

  1. Catherine Powell

     /  July 3, 2013

    I would like any opportunity to have annual leave. I am an RCA working full time and sometimes overtime hours (been doing this for close to 5 years) and have no opportunity to earn sick leave, personal leave or annual leave. The people at the seniority top are bloated with benefits while those at the bottom have absolutely nothing. I’ve never experienced anything like this.

    • Anonymous

       /  July 3, 2013

      Yet you still work here, we all spent our time at the bottom. Once again, if you are not happy here I would suggest finding employment elsewhere.

    • Randy

       /  July 3, 2013

      My friend works at a company that converts unused sick leave to annual leave at the end of the year. The employee only has one year (the following year) to use that annual leave that has been converted from sick leave. Having a program like that would encourage employees to not abuse their sick leave, resulting in fewer unplanned absences from employees.

  2. Izzybee

     /  July 3, 2013

    I would like to be able to donate leave to those in need but the Postal Service only allows us to donate annual leave which when donated is converted to those in need to sick leave. My annual leave is the only time I am able to visit my grand children that are out of state. I feel selfish that I do not contribute to those in need. Does anyone know why we are only able to contribute annual leave?

%d bloggers like this: