Vacation & Paid Time Off

3 weeks paid vacation in first year, COVID-19 related time off and generous sick time accrual

Standard of 15 days off for your first 2 years then it will increase in your 3rd year.

Good overall benefits for a modern company

Vacation was typically 3 weeks per year

Basic 3 weeks for the first few years for employees not holding a Director's title of above.

There is not much to elaborate other than the obvious. The vacation and paid time off offered was reasonable.

Separate sick time accrual and vacation accrual

Paid time off is based on accrual per 2-week pay period. Regular employees under 10 years of service may accrue up to 15 days. Regular employees with 10 or more years may accrue up to 20 days. Directors and above have different vacation rates. Certain departments such as banking and private wealth management have to take mandatory leave of 10 consecutive business days, of which you must use your own personal vacation days. Regular employees can accrue negative vacation days, but issues will arise and HR will notify your manager. At the time of resignation, accrued vacation will be paid out; however, if you owe vacation, (negative accrual) then you will need to pay the firm.

Fair and balanced vacation & time-off program