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To: goat granny

Tax laws force hospitals to differentiate between sick days and vacation days so a lot of hospitals have gone to a “time or PTO bank” and have gotten rid of sick time. Any accumulations of employees’ vacation/sick time has to be considered a debt to the company under financial and tax laws which can make a company look weaker financially than it really is. So geting rid oa a sick bank or combining it with vacation time saves the company money

Where I work we do have a “sick” bank but you have to use 2 “pto” days in one “occurence” before you can use a “sick: bank day,,,ie. a small surgical procedure that keeps you out a week. The “sick” bank accumulates much more slowly than PTO and I don’t get to take it with me if I leave the company. Both the PTO and sick banks have maximum caps on them.


312 posted on 10/01/2009 4:12:25 AM PDT by mdmathis6
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To: mdmathis6
After reading your post, it seems like the government rules are a bit heavy....and its not going to get better with Obama care....

I retired in the mid 80's to become a goat herder, it was the best move I ever made....Loved taking care of patients, but short staffing made that a little difficult at times..

313 posted on 10/01/2009 9:23:04 AM PDT by goat granny
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