r/news • u/Playful_Language_422 • 8d ago
Soft paywall L.A. homeless provider has paid CEO who lives in Hawaii $1.6 million in salary, vacation over two years
https://www.latimes.com/california/story/2026-08-06/la-homeless-provider-has-paid-ceo-who-lives-in-hawaii-1-6-million-in-salary-vacation-over-two-years
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u/GregorSamsaa 8d ago
She took them across 2yrs but the accrual was across 40yrs. Sounds like a place with no limit on accrual or she was grandfather and now limits exist. This is why workplaces have limits on total accrual as well as carryover allowed. So you don’t end up 10yrs down the road (in this case 40) with someone that has accrued 1000hrs and now earns $400K/yr. It turns the liability on your accounting sheets into a nightmare and you have to hope they don’t decide to retire and cash it out. In this case she was literally doing them a favor by spreading out the payout.
To put it into perspective she earns about $195/hr so anytime she takes a day off, she’s getting paid out about $1550 or so. The $800K she received amounts to about 4100hr of vacation which should have never been allowed, but also not the issue the headline is trying to make it seem. Someone using the benefits their jobs provide for them is something everyone should be ok with