Managing Employee Vacation Time
Human ResourcesVacation time is an entitlement to employees across all provinces in Canada. Apart from being an entitlement, it is also considered to be a benefit in attracting and retaining employees. Each provincial employment standards set a minimum vacation time to be provided to employees – most of which outline a minimum of two weeks’ vacation per year to start. However, 62% of employers in Canada offer more than the minimum requirements to new employees[1]. New executives may be offered a minimum of four weeks of vacation time[2]. The amount of vacation a company chooses to offer will often be considered as part of the total compensation plan. Once...