There are no federal or state laws requiring paid holidays or paid family leave: the Family and Medical Leave Act of 1993 creates a limited right to 12 weeks of unpaid leave in larger employers.There is no automatic right to an occupational pension beyond federally guaranteed social security, but the Employee Retirement Income Security Act of 1974 requires standards of prudent management and good governance if employers agree to provide pensions, health plans or other benefits.In fact, if a state has not established a law regarding payment of unused leave, the employee is not entitled to any payment at all.Employers in these states are legally permitted to set their own leave payment standards, or to have none at all.Usually this date is the end of the calendar year ... continue reading A reader writes, “My friend and I both work in Minnesota, but she can take vacation leave whenever she wants without advance approval. continue reading Several states require employees to take their vacation time by a certain date or lose it.
It's probably a leftover from the robber barons where employers like Andrew Carnegie worked the men in the steel mills 12 hours a day, seven days a week with just one holiday a year. Some companies have begun to recognize that even having a strict vacation leave is limiting.
One of these guidelines is the “use it or lose it” policy.
This policy requires employees to use all of their vacation time by a certain date or lose it.
California, however, specifies no exceptions or condition.
An employee in this state is entitled to payment for all unused vacation time, without exception.