Originally Posted by
PaulFooley
What prevents someone from banking time in December and cashing it out in January, after our 8.5% pay bump kicks in? For example, if I were to bank 30 hours and cash it out the following month, I'd have made an extra $300 just by deferring my pay for a month; or do I misunderstand the way this works? If it was that easy, wouldn't everyone do it or am I the last one to NOT do it?
I think I said something about this before.... it's still not too late though. If you put it in as a MadDog FO, and take it out as a MadDog CA or even a 7ERFO.. it will pay the rate at which you take it out. Having a full bank with an impending pay increase is a really smart thing.