October 28, 2007
Factiva Vacation Cash-In
For IAPE-represented Factiva employees it's time to make a decision on cashing in a week of vacation time.
Under the terms of the IAPE Factiva contract you have the right to cash in or sell back a week of unused vacation time, regardless of your income level (under the terms of the IAPE Dow Jones contract, non-Factiva employees can cash in a week of vacation time only if they earn $800 a week or less.)
Factiva employees can exercise their option in either the Spring or the Fall— but can cash in only one week, once a year. The next deadline for exercising the option is the close of business on November 1. 2007.
If you're interested in cashing in a week, simply send an e-mail to Denise Wentzler in HR (Denise.Wentzler@dowjones.com) and copy your manager.
List your name and your DJ number and simply state you want to cash in 5 days of vacation time.
Again, the deadline for making the request is November 1st and payments are set to be processed in the November 22nd payroll cycle.
If there's a problem, contact the IAPE office at 609-275-6020.