Capping Leave Accrual

[Anonymous]

Anonymous wrote:Don't most companies cap leave? It's so they aren't hit with a huge financial burden if someone leaves/retires with 1000+ hours they have to pay out.

I work for the fed government. If you get over 240 (or maybe it's 250?) you can't accrue more annual leave. They won't pay it out. Dh (fed too) loses leave every year because of this. I wish they would pay us out. Mainly because if you're hitting use or lose annual leave it's because your job isn't allowing you to take many vacations due to the difficulty.

I never manage to get below 240, but I donate my extra leave at the end of the year to the leave bank for sick employees, rather than essentially paying it back to my agency.