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Vacation Carryover Definition

July 12, 2017

mkappel

Term Definition

Vacation carryover is a policy some companies have that allows employees to carry unused paid-time-off hours from one year into the next.

Extended Definition

In many workplaces, eligible employees accrue paid vacation time based on the amount of hours worked. As part of an incentive plan, employers may allow their staff to carry over any unused vacation days from one calendar year into the next, to be used at a later date. The amount of time that can be “carried over” will vary greatly from one employer to the next—according to each individual company’s policy.

Related Blog Article:
4 Reasons Vacation Carryover Helps Your Business
Average Vacation Time

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