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Article:

What You Need to Know About Time Off

Vacation Time

Paid vacation time is a voluntary benefit that organizations offer to employees. There are no federal regulations requiring employers to provide vacation days, but it has become common business practice to do so.

Employees accrue hours of paid vacation time at a certain rate for each day worked. Different employers use different formulas to calculate vacation time. So, an employee with 15 days of paid vacation time at one company may or may not enjoy the same number of paid vacation days after changing jobs.

Exempt employees should receive the same salary pay rate for vacation days. So if you are exempt and take two weeks of paid vacation, you should receive a paycheck for the same amount of salary for those two weeks as if you had worked.