This Article Free Full Text (Free PDF) Free Alert me when this article is cited Alert me if a correction is posted Services Email this article to a friend Similar articles in this journal Alert me to new issues of the journal Add to Saved Citations Download to citation manager Request Permissions Request Reprints Add to My Marked Citations Citing Articles Citing Articles via Google Scholar Citing Articles via Scopus Google Scholar Articles by McArthur, J. Articles by Adamson, T. Search for Related Content Social Bookmarking                         What's this?

No Vacation on Sabbatical Plan Accounting

Aon Consulting/Radford Valuation Services

Terry Adamson

Aon Consulting/Radford Valuation Services

Key Words: sabbatical plans • EITF 06-2 • Emerging Issues Task Force

References

• Sabbaticals: 25 companies on this year's list offer fully paid sabbaticals. (2006). Fortune. Retrieved September 17, 2007, from http://money.cnn.com/magazines/fortune/bestcompanies/best_benefits/sabbaticals.html
• Carr, A., & Tang, T. L-P. (2005, Jan./Feb.). Sabbaticals and employee motivation: Benefits, concerns, and implications. Journal of Education for Business, 160.
• http://www.fasb.org/pdf/fas123r.pdf, Paragraph 43 of FAS123(R), "Share-Based Payments," requires the selection of a forfeiture rate (withdrawal rate) prior to vesting. If an organization offers sabbatical benefits to a consistent group as its equity grants, a similar methodology of creating a forfeiture rate may be considered. Note that organizations should want to pick their best estimate of expected forfeiture rather than look solely at historical forfeiture.
• For purposes of this article, we have assumed that employees are allowed to accrue only one sabbatical leave at a time. If the leave is not used by the time a second leave is earned, the leave will be lost.

Compensation & Benefits Review, Vol. 39, No. 6, 47-54 (2007)
DOI: 10.1177/0886368707309016


CiteULike    Complore    Connotea    Del.icio.us    Digg    Reddit    Technorati    Twitter    What's this?

This Article Free Full Text (Free PDF) Free Alert me when this article is cited Alert me if a correction is posted Services Email this article to a friend Similar articles in this journal Alert me to new issues of the journal Add to Saved Citations Download to citation manager Request Permissions Request Reprints Add to My Marked Citations Citing Articles Citing Articles via Google Scholar Citing Articles via Scopus Google Scholar Articles by McArthur, J. Articles by Adamson, T. Search for Related Content Social Bookmarking                         What's this?