What is the maximum number of vacation hours I can accrue? | Finance

An eligible staff employee cannot accrue more than one and one-half (1.5) times his/her annual vacation accrual. For example, an employee with a standard workweek of 37.5 hours accrues three (3) standard workweeks of vacation per year; he/she cannot maintain an accrual balance of more than 168.5 hours of vacation, the equivalent of four and one-half (4.5) standard workweeks.

An employee must use or be paid for accrued vacation hours as designated below.

*Positions that are less than 12-month appointments (e.g. 10 months, 9 months, etc.) will result in vacation hours' accrual on a pro-rated basis.

Overtime and other additional work hours do not accrue vacation leave

60% of 120 hours vacation entitlement = 72 hours vacation earned and accrued through August 7, 2002 :
The vacation leave accrual rate for 100-percent-time regular employees is 22 days per year (14.67 hours per month). If the employee's appointment is less than full time, the amount of vacation leave accrued is pro-rated based on the total number of hours worked each month. The maximum vacation leave accrual is 44 days (352 hours) as of June 30 each fiscal year*. Employees annually forfeit amounts that exceed the maximum accrual. On some campuses, these hours may be donated to the Leave Bank before forfeiture. For more information, contact your human resources department.

will result in vacation hours' accrual on a pro-rated basis.

Faculty appointed on an academic-year basis on contract pay do not accrue vacation and sick hours. However, they may be eligible for a sick leave benefit. For more information on faculty accrual eligibility, contact the chairperson or head of your department. Review .

How do you calculate accrued vacation pay? | AccountingCoach

While employers in California are not required to provide their employees with paid vacation, nearly all employers choose to implement some form of vacation policy. Under California law however, vacation time is actually a form of wages, which are progressively earned by the employee each day that he or she works. So, for instance, an employee such as yourself who earns two weeks (or 80 hours) of vacation each year actually accrues approximately 0.30 hours of vacation time each work day.When determining what the cap will be for their vacation policies, employers should consider factors such as the amount of vacation being offered, the opportunity for employees to use their vacation time during the year, and the type of business or industry that is involved. Caps that are frequently used by employers are one-and-one-half or two times the annual accrual rate. So, for example, an employee with 80 hours of vacation each year may have their total vacation time capped at 120 or 160 hours, respectively. Lower caps have the potential to run afoul of California’s restrictions on wage forfeiture.