The Motley Fool Discussion Boards

Previous Page

Retirement Discussions / Retire Early Liberal Edition

URL:  http://boards.fool.com/quot3-weeks-11-holiday-days-is-standard-from-28064259.aspx

Subject:  Re: Oopss....error...error Date:  10/29/2009  6:18 PM
Author:  telegraph Number:  21468 of 60050

"3 weeks + 11 holiday days is standard from day 1 at most large tech and engineering companies. Most cap out at 4 or 5 weeks, based on years of service. So some would cap at 20 days, some at 25 days. In either case you would hit the cap well before 20 years of service...certainly you'd have 20 days by 10 years, many of them you'd have 20 days by 5 years."

Dream on...most folks get 8 or 9 holidays.

Most folks get , at best, 2 weeks vacation, and many only get 1 week vacation for the first few year........and almost no one gets more than 4 weeks ever these days.

And no, most companies are 4 weeks at 20 years. It has been going down year after year. And most folks aren't going to last 10 or 20 years at any company these days. Their operations will be sold, combined, merged, bought out, etc. Folks move company to company. They get downsized, rightsized, and otherwise unemployed.

Unlike the fed, where almost no one ever is unemployed.....in the real world, folks get shuffled like dominoes and benefits chopped back to starting levels continuously. Unlike the private sector, you don't get to carry your gov't seniority between jobs at the fed and fed employment.

t.
Copyright 1996-2014 trademark and the "Fool" logo is a trademark of The Motley Fool, Inc. Contact Us