Early in the pandemic Maestro Health noticed a troubling but common trend: Employees weren’t taking vacation.
The health-plan administrator acted quickly, introducing a companywide mental-health day in April, and another one leading into the Fourth of July weekend. Then, following internal discussions in the wake of social unrest and racial-justice protests this summer, the company added a floating holiday that employees could use for Juneteenth, Good Friday, Yom Kippur, or whichever day they choose.
Maestro, acquired by French insurer AXA SA in 2018, also increased the number of days employees can roll over into next year to 20 from 15. “It builds good will,” says Maestro Chief Executive Craig Maloney. It’s also practical. The company’s busiest time starts at the end of the year with benefits enrollment in November and December, and it can’t be missing swaths of its workforce.
With vacation balances building among employees who either feel they can’t take time off amid the uncertainty or won’t because travel plans were quashed due to the coronavirus, companies are split on what to do. While some are introducing more relaxed policies and allowing days to carry over into next year, others are requiring employees to take their vacation sooner rather than later to fend off burnout—and a potential liability on their books.
Why go anywhere, you spend most of your time in quarantine.
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simple pay them and thank them for their service
everyone is taking time off, they're just being paid for it
pocket.
I do not have my allowance. I am like saving my Mom and Dad a lot and that’s me not using the hospital system for appointments and services but medicine because there is an emergency. I can make that call. So tell me why I need to insert myself in critical emergency service on my
Don’t they pay for unuse holidays. I am dictating the family terms. No travels one or twice in a given year for five years. No Hawaii for 70th birthday. I also do not get to hand my new IDs and idiot, all transactions are null like duh. But what I am saying, paranoid and all
Major corporations have had policies in place for this, for many years, since accrued vacation days impact the financial bottom line. Most have a “use it or lose it” policy.
This should be an easy decision. Let employees roll the time over until they can use it.
Get cash !!!
Isn't this an employer's dream?
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