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Career Resources
Hi isa2130953, just trying to help:
You're welcome.
For me the most vacation days I have ever had was 7 days PTO but I had to wait a yr to get it. I feel like companies are getting more and more stingy on this every year tho. There are also a lot of people who have them and don't take them because they feel pressured not to or guilty if they do.
wow wtf, seriously? I thought having 10 in IB sucked.
I'm about to start FT at a company that's offering 20 days PTO, and if you volunteer in the community, you can earn more
Wow that's insane. I had a friend with a bait and switch scenario like that because they told everyone that but guilt tripped the hell out of them if they tried taking a day off. If you can take those days off do not take it for granted. That's great!
4 business weeks of vacation, plus 2 "personal" days
How many years of experience or years at your company do you have?
Yeah thats got to play a large factor. I never heard of 4 full weeks
Wow thats where I need to work hahaha
I have 25 days per year
Wow are you very senior-ed or is that standard at your company?
I am in Europe and 25 days per year is standard. You can also ‘buy’ an additional 5 days.
In some teams it is frowned upon if you use your full holiday allowance.
I get 20 days PTO but it took me a while to get there. I think companies are now getting more stingy though. I don't think they used to be as greedy
Definitely. I have had jobs where even taking one day off makes you a bad employee or not motivated enough. I didn't realize how toxic it was until I moved to a legit company and realized that work life balance does indeed exist!
That is always the worst. Some employers get insanely power greedy
I have 32 days off each year (22 vacation days and 10 holidays), as well as unlimited sick days.
It’s honestly hard to use all the vacation, but unused days do rollover into the next year. Most people take about 20 days off per year. Nice thing is when you’re on vacation you’re not expected to be available for calls/ emails so you can actually relax.
Unlimited sick too that's crazy. I am sure who ever it is has a low turnover rate
Most places I've worked, two weeks is standard for lower ranked employees. When climbing the ladder though, it gets higher as you go. I've been lucky. At some places, I've had 20 days, while at others (one in particular), taking a day off was like pulling teeth (and that's not including the rare case of FTO - forced time off - on a pure regulatory/necessary basis). I'd put in a day off request 3 months in advance and be told I couldn't have a decision until two weeks out. No matter what the reason I had for requesting the time off, it was always either I can't give you the time off now and ask again as it gets closer or a flat out no. As long as you give proper notice, people may guilt you into not taking it, but they can't stop you from using it, especially if there is a number of days that cap when they are rolled over.
Funny story about time off though... I have a friend who worked for a place that gave him unlimited PTO. The guy busted his ass, worked like a dog, took the odd day off here or there for things that he couldn't schedule around and telecommuted on those days. When he finally booked a vacation, he did it 4 months in advance, clears it with his manager and everything, taking a week to travel abroad. They let him go the day before he was supposed to go on his first vacation while with the company. Gave him a severance letter and everything... that they wouldn't honor. Why? Because he didn't get it back to them by the running of the next payroll (while he was away). My buddy asked for an extension after receiving a nasty email from the company's counsel demanding the severance agreement by EOD the day payroll was supposed to run (on the day payroll was ran). The guy was fucking livid, asked for more time and was flat out denied despite having limited access to email and technology. He threatened to sue them because of the unreasonableness of the situation. They said to bring it. The day he got back, he got a lawyer and had the lawsuit filed two days later. Needless to say, the company coughed up a pretty penny over that severance agreement.
What industry has forced time off?
To be clear - Forced Time Off simply means there is a regulatory statute requiring that the person have time to rest based on a certain number of hours worked. Essentially, you are forced to rest in order to recover to do your job. Healthcare, Trucking, Airline/Air Travel, and Rail work all have mandatory time off requirements between shifts. For example, a pilot has 10 hours of mandatory downtime after flying.
I can totally relate to your pulling teeth analogy. At an old position taking a day off had them firing people or putting them on probation but they always used another excuse as a reason to do it. I requested 2 days off because I was sick like REALLY sick and they made me feel terrible about it. "I guess we will just have to make someone else come in on their day off since you apparently can't". Will never work for another place like that again.
As for your bottom story that is the perfect example of greet and bait and switch. They want to get a bunch of employees with their perks but the minute you use them they cut you loose. That is so pathetic.
Guess it wasn't the right time to say "well guess someone had to come in on their day off so that that person could take their day off"
Dude... where was this? Sounds horrible
underrated story
Yeah... I know. Sometimes my stories can be underwhelming when it comes to not wanting to get into the details (and massive posts).
20 days, right out of UG + 10 bank holidays. Once I hit 5 years at my bank, I'll get 25 PTO. Believe next promotion gets me to 27 or 28.
... And I actually get to use it all.
I have usually gotten 10 days off + holidays and I use them all. I have never been at a job where you give notice as far as vacations are concerned and it is a problem. Taking 5 days off to go to Mexico here in a few months.
My firm starts with 15 days vacation, unlimited sick. Upgrades to 22 days vacation after 2 years service.
My understanding is that this is standard for consulting. Never had an issue taking vacation days. I think it's mostly to make up for the travel lifestyle.
22 days + 40 free time hours + holidays +2 month a year of intensive hours (8-3pm).
20 days now, same as when I was in banking. Although in banking I remember first day of training HR going "you guys have 20 days of PTO, not that you guys will ever use them haha."
CF, standard at my bank is 18 days PTO plus the 10 bank holidays a year.
22 days PTO + holidays + 2 personal days + unlimited sick days
Only took off 7 days last year though, less this year so far
IMO early retirement beats quality of life at this point. I'll probably be done and out for good by about 45....and if the economy takes a dive anytime before then, it will only accelerate my exit.
.
20 days PTO, 15 holidays, unlimited sick days, work from home flexibility
20 + holidays. Use them all.
23 days. Investment Analyst @ Asset Management firm. Welcome to the layer cake son.
Daughter* hahah
25 days PTO + 13 holidays.
Best friend works in tech and has worked at some solid start-ups. His last job gave “unlimited” PTO. We tested the unlimited bit on a couple long trips in a year and eventually they told him he hit the limit lol. Guess it came in around 5-6 weeks.
I almost feel bad responding to this thread from Europe. Had 25-27 days + holidays in London, Europe and AsiaPac throughout my career. Now I work in continental Europe for a pension fund and have 38 days + holidays.
38 days jesus thats nice where do you work???
A lot of tech companies offer unlimited time off but it's "unlimited" as in get your shit done while gone.
15-17 days of PTO at my bank for the junior team, but good luck using them all when you want them
27 days + holidays currently
20 days off combined sick and vacation. Should bump to 25 if I make associate this year.
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