Carol H Tucker Passionate about knowledge management and organizational development, expert in loan servicing, virtual world denizen and community facilitator, and a DISNEY fan
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beladona Memorial Be warned:in this very rich environment where you can immerse yourself so completely, your emotions will become engaged -- and not everyone is cognizant of that. Among the many excellent features of SL, there is no auto-return on hearts, so be wary of where your's wanders...
Today is the 6th day of the 52nd week, the 30th day of the 12th month, the 365th day of 2016, and:
Bacon Day
Falling Needles Family Fest Day
Festival of Enormous Changes at the Last Minute
National Bicarbonate of Soda Day
No Interruptions Day
The seventh Night of Chanukah after nightfall
The sixth of the Twelve Days of Christmas. (Western Christianity)
The fifth day of Kwanzaa. (United States)
ON THIS DAY: In 1066 a Muslim mob stormed the royal palace in Granada, crucified Jewish vizier Joseph ibn Naghrela and massacred most of the Jewish population of the city. In 1853 the US bought about 45,000 square miles of land from Mexico in a deal known as the Gadsden Purchase to facilitate railroad building in the Southwest. In 1879 Gilbert and Sullivan's "The Pirates of Penzance" was first performed, at Paignton, Devon, England. In 1924 Edwin Hubble announced the existence of other galactic systems. In 1927 the first subway in the Orient was dedicated in Tokyo, Japan. In 1948 "Kiss Me Kate" opened at the New Century Theatre in New York City -- Cole Porter composed the music for the classic play that ran for 1,077 performances. In 1976 The Smothers Brothers, Tom and Dick, played their last show at the Aladdin Hotel in Las Vegas and retired as a team from show business -- both continued as solo artists and they reunited several years later.
Today is the final business day of the year. Traffic coming in was unusually light this morning and I imagine that a lot of people took off. Got me to thinking about the different ways companies handle PTO [paid time off] these days.
Of course, we have the unions to thank for this benefit [as well as the 40 hour work week that seems to be imperiled nowadays], which means not all service organizations even grant it – far too many folks find that if they are not physically “on the clock” then they are not paid. Maybe they are part-time or contracted, but for them? Having things close down early because of holidays or weather or company meetings means that their paycheck is short and that is a rather painful and unpleasant surprise, neh? Back when the executive suite saw employees as assets to be cared for rather than costs to be contained, companies used to give three kinds of leave: personal [usually 3 days], sick time [maybe 5 days], and vacation [2 weeks + whatever rank and seniority earn you]. Back in the 90’s companies started lumping it all into a single bucket to make the costs more obvious, and calling it “paid time off”. For those of us who are lucky enough to have PTO, most companies accrue it and it is only available [up to a limit] as you earn it. For others, who do use-or-lose since they don’t want to carry it as a liability on their books, it is all available as soon as the new year kicks in and it is up to each employee to manage their time so they don’t leave hours on the table, effectively giving themselves a pay cut. And then there are the companies that close at designated times each year – for them that week or so they are closed count as their employee’s PTO. For example, let’s say you are off between Christmas and New Year’s – sounds great, doesn’t it? But if you only have three weeks of PTO and those five days are deducted from it automatically, that doesn’t leave you much wiggle room.
Add the ability to have leisure without worrying about income as one of the privileges the 1% reserve for themselves. After all, why should they pay people when they are not producing for them?
I think I I like the Federation's idea of everyone being given a robust, sustainable income.
CEOExpress
