Imagine working for a company that doesn’t pay overtime. That doesn’t sound great, does it?
What if they compensated you for the overtime in another way, like by letting you exchange those overtime hours to take vacation time?
That’s the situation in today’s story, and one person takes full advantage of this policy!
Let’s read all the details.
Friend can only bank overtime. His boss had quite a surprise when he retired early…
A friend of mine worked for a big government department.
But despite their bigness, they were understaffed, and did not pay overtime.
However, you could bank that overtime to take time off.
And you never lost that banked time if you did not take it, say, within the year.
His friend sounds very smart.
So, when he figured out he had TWO YEARS worth of overtime, he waited until he was 2 years from retirement and took two years of vacation just before retiring…
(Good thing he did because cancer got him 4 years later).
Wow! That’s a lot of overtime!
Let’s see how Reddit reacted to this story.
This person did the same thing.
This person’s dad saved up his sick time.
Here’s the perspective of someone who works in the payroll department.
It’s important to take time off.
This person used to max out vacation time too.
Maybe this is why some companies have a limit to how much time off you can accrue.
Happy Retirement!
If you liked that story, check out this post about an oblivious CEO who tells a web developer to “act his wage”… and it results in 30% of the workforce being laid off.