Conference tallis::celt

1161.0. "New U.S. vacation policy - Happy New Year" by TALLIS::DARCY () Mon Jan 04 1993 16:49

From:	PONYEX::PONYEX::MRGATE::"MROMTS::NROMTS::MRGATE::NEST::DICS_DIST" 31-DEC-1992 08:03:51.00
To:	@Distribution_List
CC:	
Subj:	ADVANCE NOTICE OF PERSONNEL POLICY CHANGES

From:	NAME: DICS_DIST <DICS_DIST@NEST@MRGATE@NROMTS@NRO>
To:     See Below

    ***********************************************************************
    THIS MEMORANDUM IS FROM JACK SMITH, SENIOR VICE PRESIDENT OF OPERATIONS
    ***********************************************************************
    
    TO:  ALL PERSONNEL POLICY MANUAL HOLDERS
    
    We have carefully reviewed our current Personnel Policies to identify 
    changes that enable us to achieve essential cost savings for the 
    company with minimum negative impact on employees.  We considered many 
    alternatives in our review and selected only a few.   As a consequence, 
    the Executive Committee has approved changes in the Standby Pay, 
    Call-In Pay, Daily Overtime, and Vacation Accrual policies.
    
    We wanted to inform you of these changes as soon as possible so that 
    you could make plans accordingly.  The following information highlights 
    the Personnel Policy changes.  Personnel will provide a full text of 
    these revisions in the regularly scheduled update of the U.S. Personnel 
    Policy Manual at the end of January 1993.  The updated information will 
    also be available on VTX at that time.  The following identifies the 
    major changes to those policies.
    
    
    
    
    POLICY NAME:  VACATION
    
    IMPLEMENTATION TIMETABLE:  EFFECTIVE JANUARY 1994  (TO ENABLE EMPLOYEES 
    TO GRADUALLY REDUCE ACCRUED AND UNUSED VACATION TO THE NEW MAXIMUM)
    
    HIGHLIGHT - EMPLOYEES MAY ACCRUE VACATION HOURS UP TO A MAXIMUM OF ONE 
    TIMES THEIR ANNUAL ALLOTTED VACATION.  THE CURRENT POLICY ALLOWS 
    ACCRUAL UP TO A MAXIMUM OF TWO TIMES THEIR ANNUAL ALLOTTED VACATION.
    
    
    We recognize that these required changes will have an impact on 
    employees in the near future.  We hope you understand the need for 
    these changes in the context of the current business environment and 
    the company's need to be competitive.  We thank you for your continuing 
    cooperation.  You are an essential part of our efforts to return to 
    profitable growth.
    


    I really think this new policy is unfair.  I don't see how it will
    improve productivity.  If anything, it will degrade productivity in
    1993, as employees take vacation time before the end of the year
    before they lose it.
    
    It also discriminates against foreign born DECcies who save up enough
    vacation time to make expensive trips home worthwhile.  Write to
    your personnel representive and let them know how you feel.
    
    /George

    I don't like this either, but alot of companies have this policy.
    I was told that unused vacation time is carried on the books as a debt.
    Also, for the next round of tfso, there won't be so much vacation time
    to be paid out.  
    I guess it will be 3 weeks in Ireland this summer instead of 2.
    
    Julie

    
    
    	Can I have the money instead ??
    
    
    	I'll give'em back 4-5 weeks if I can have the cash !!
    
    
    	keVin
    
    

    
    Errrr....Ms. Horgan!
    
    I'm still waiting for your availability for our little gathering!!!!
    
    And I wanna talk 'turkey' about this trip.......since I now have to
    take 4 1/2 weeks vacation this year, I plan on making it a good one!
    
    /jen