Holidays

NRSKarenRN said:

Explain "PL"?

Personal leave.

yes, it has always come out of my PTO

Some companies still use the vacation/holiday/sick pay model where the pay for these comes out of different buckets. Most however have gone to a PTO model where it's all lumped in together, so your vacation time, your paid holidays and a few days of sick pay are all combined.

Some companies will even not automatically pay the Holiday so you have some flexibility when to use that pay, you can put in for the Holiday pay on the Holiday or you can bank the PTO from that Holiday to use whenever you want.

If you call out more than the few days of sick pay that are built in to your PTO you are cutting into your vacation pay, but if you call out less those built in sick days are extra vacation/time off. 

Some companies allow you roll over at least some amount of unused PTO into the following year, some companies have a use or it lose it policy. It all sounds pretty straightforward but can get quite complicated depending on company policy.

I'm happy to use PTO for holiday pay. I end up with just about 7 weeks paid time off per year. I can accumulate up to 500 hours, or 12 weeks if ever needed.

My husband in his corporate job on the other hand gets 3 weeks +paid holidays and can only carry over one week.