As we previously reported, we’ve heard from many Oracle employees who are upset over a new thing that is forcing them to use four vacation days during the holiday season.
We’ve just learned a few more details about the situation, including the fact that some employees could “owe” Oracle vacation if they don’t have any saved up.
To recap: Oracle is closing its US offices for the week between Christmas and New Year’s. A lot of companies do that and it’s not a bad thing.
It ensures everyone gets vacation during a time when everyone pretty much wants to take vacation.
In its email to employees, which Business Insider has seen, the company explained that employees will still get Christmas and New Year’s as paid holidays, but Oracle is charging four days of vacation to cover the other days the company will close.
Here’s the catch: if an employee doesn’t already have four days of earned vacation in the kitty, they will wind up “owing” the company vacation hours. That’s what’s got some employees so upset.
One employee explained to us that a person who had worked at Oracle long enough to be earning maximum vacation pay, and who had no vacation days stored up at the end of the year, would need to work “just shy of 6 pay periods (3 months) to ‘pay back’ Oracle,” for the furlough days.
But we’ve also learned that Oracle isn’t exactly miserly about vacation time.
Vacation time doesn’t include sick days, for instance, we understand. Also, Oracle does limit accrued vacation, but it tops out at 180 hours, or a whopping 22.5 days, and employees can roll over all that accrued vacation from one year to the next.
In that email to employees, the company was straightforward that this was a way for the company to clear some off that accrued vacation liability off its books.
“The US closure is beneficial for employees and the business. The company is able to reduce expenses by decreasing the accrued vacation and employees enjoy a collective break,” Oracle’s email said.
Oracle isn’t alone in the furlough-for-vacation days policies, either, we understand from reviews on Glassdoor.