Paid accumulated sick days for a person making $100,000 a year. Let's say they save 10 sick days a year for 30 years of employment. That adds up to 300 days.
The break down of a $100,000 a year is about $400.00 a day. 75 cents on the dollar of accumulated sick days in this case would be about $90,000. This is based on a flat salary of $100,000.
These banked and accumulated sick days add up to quite a nest egg or a big fat bonus check paid out at retirement. What a perk! How many employees within our district get this cash for sick days pay out? Can anyone answer this?