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.
Agree, most companies only let you roll over a certain amount of leave time. Also, there are a significant number of companies that do not pay out unused vacation time.