Difference between revisions of "Retroactive Vacation Credit"

Revision as of 13:43, 3 February 2005

From staff meeting minutes

From October 5, 2004 staff meeting:

a. vacation backlog- oldsters have till 06 to use the back time.
sunset clause will be created for dealing with the final death of that
accumulated vacation.

@@ Line 7: / Line 7: @@
   accumulated vacation.
+==See also:==
+[[Staff Vacation Policies]]
-Questions for consideration:
-Q: What should we do with the back hours "earned" up to this
-point? At what point do we want to say that we started
-accumulating sick and vacation hours?
-Q: We may not be able to give ourselves vacation and sick hours
-for years previous to 2003 without affecting back taxes, so we
-might have to work out another way to distribute them. How?
-Q: Oso, Richard, and Laurel each have in the neighborhood of 200
-hours total (assuming we go all the way back). If each of us
-took six weeks off, that time would be eaten up. Marlin and
-Rick have accumulated less hours, but also work less per week,
-so they too would have about six weeks coming. We obviously
-can't afford to do this all at the same time (or maybe not even
-at all), even if we want to. Can we consider some kind of
-partial credit? Can we spread out the time off in little pieces
-over a whole year? (One week every two months == six weeks in
-one year.)
-Here's a series of proposals to think about that should address
-most of the issues above.
-. We give vacation hours retroactively to everyone in the
-collective for all hours worked on Free Geek's payroll, whether
-directly or through Anarchy Software. (Implementation suggestions
-below.)
-[An alternative to number 1 is to give half hours or some other
-fraction for the time worked in the Anarchy Software era.]
-. At this point, if workers have accumulated "too much" time, we
-can split it in half, and require half the time to be taken in
-this calendar year or else be lost. The balance would have to be
-taken by the end of 2005 or lost. The original Anarchy Software
-employees all have in excess of 5 weeks due at this point.
-Everyone else has accumulated less than 2 weeks, so we might draw
-the line between "just right" and "too much" at five weeks
-accumulated. The point of this would be to spread out the
-vacation time so that the effect on the schedule would be
-minimized. Also to encourage people to take their time off for
-general reasons of sanity.
-Now the question "We may not be able to give ourselves vacation
-and sick hours for years previous to 2003 without affecting back
-taxes, so we might have to work out another way to distribute
-them. How?"
-I am not a tax attorney, but my common sense says that vacation
-isn't money (unless you're on a plan where you cash out at some
-point). If we give the original five workers vacation credit for
-time worked in 2000-2002, we're giving it to them now. That means
-they're only being taxed on the money they're receiving this year
-and no back taxes are actually owed. In other words, I think this
-is a red herring and we shouldn't worry too much about it. But we
-should run it by someone who knows this stuff before acting upon
-it.
-An couple of examples might make it easier to understand. Let's
-say we go with proposals 1 and 2 above as stated.
-At the end of 2003, Oso had accumulated 204 hours of vacation
-(about 6.4 weeks). If he takes off four weeks this year, his
-salary would be the same as if he didn't take the time off. The
-only difference was how much he had to work to earn that money.
-Vagrant has 36.3 hours coming to him right now. By the time he
-quits at the end of May, it will be in the neighborhood of 47.5
-hours (or about 2 weeks). In that case, he gets paid for about
-two weeks of work when he leaves. That's money he owes taxes on,
-but for this year, not for last year.
-Now maybe a tax accountant will tell us that we owe taxes on
-the money we'll eventually (someday maybe) get in the year we
-accrued the hours, not the year we get paid for them. In that
-event, it seems we could (temporarily) give the workers who
-are owed back time a larger fraction for calculating this year's
-vacation time to make up the difference. Again, we shouldn't get
-too far into this unless we learn that it really is a problem.
 [[Category:Policy]]

Difference between revisions of "Retroactive Vacation Credit"

Revision as of 13:43, 3 February 2005

From staff meeting minutes

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