If you have seen the WARN Notice sent out via e-mail this afternoon, you may notice this interesting phrase at the end of the first paragraph:
“Where applicable, employees with accrued but unused vacation time may be scheduled for vacation prior to November 28.”
If you are “asked” to take vacation between now and November 28th, realize that this does not benefit you as a Heller Ehrman staff member – it only benefits the shareholders. Here’s why:
– if you have accrued a large amount of vacation time, it is in the shareholders’ best interest to reduce that amount of money to which you are legally entitled and which must be paid upon your termination;
– if between now and November 28th there is not enough work for you in your position or your department that is not your problem – you need to make yourself available for work each day and making sure work is available is up to management;
– with the projected figures of $118 M accounts receivable less $50 M in loan debt, there should be plenty of money left to pay accrued vacation to Heller Ehrman staff;
I can’t emphasize this enough: if management asks you to take vacation please reconsider. You can certainly do job hunting, etc. but you can’t really go and work for another firm during that period or make any other plans. What you do after November 28 is your business.
And if management goes beyond “asking” and makes a demand, then please post comments here.
There are certain provisions of the California Labor Code which govern how vacation accrual must be paid and whether or not an employee can be mandated to take vacation in lieu of payment upon termination.
So gang, do not go and pack those suitcases for a vacation. Besides, you are stuck on the S.S. Heller Ehrman with some of the most creative, funny, emphatetic and caring people you could ever ask for. Not a bad place to be for the next 60 days, right?
Over and out