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Saturday, July 29, 2017

Fact


6 comments:

Anonymous said...

Whenever I took vacation my work was waiting for me to return.

Anonymous said...

I have never worked for a a bank that used such a policy. Don't confuse "requirement" with "recommendation". The vacation policy is a recommendation based on good internal control practices. It is not a regulation or requirement.

Anonymous said...

I worked for two banks in Florida in the 1970s. Both made it clear at hiring interview that I must take two consecutive weeks vacation every year, no exceptions.

Anonymous said...

When I worked at a bank almost 20 years ago, we had to take at least 1 whole week at a time for that same reason.

Rebel Without a Clue said...

Excellent idea actually. All government workers should do the same thing.

Anonymous said...

When I worked as a commercial insurance underwriter 30 years ago, mandatory vacations were an underwriting requirement for any firm seeking fidelity bonds for its employees. If an employee is embezzling, claim data overwhelming indicated that it was discovered when the thief was away.

So, if you have an employees who claim to be so important and so loyal that they couldn't possibly take any time off, you might want to reconsider that.

I recently watched an episode of that "Scandal" show on CNBC. A municipal treasurer bankrupted her small Pennsylvania town. Her theft was discovered when she was on vacation.