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Politics : The Obama - Clinton Disaster
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To: Bill who wrote (2232)11/24/2008 6:13:41 PM
From: pompsander  Read Replies (1) of 103300
 
Actually, for new employees we don't give em vacation until they have had service for a year. We accrue the cost on the books but don't have to be out of pocket for a year at a minimum. Many don't take the vacation immediately upon the date it is earned, so I can invest any accrued and retained reserves at 4.5% (until recently) at a favorable repo rate, reducing the eventual cost further.

What do you do, pay them vacation up front? <g>
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