It is highly recommended that employees enroll in benefits as soon as possible since there will be back deductions taken out of future paychecks for the time that the employee has held coverage. You also have something called flex time, which is also paid time off. The number of days offered and the specific terms of the benefit vary by location.
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You can roll over up to 40 hours, but you have to ask for it
You lose any remaining vacation hours beyond the 40