They have more freedom
For part-time employees, it's not about the money and dedicating themselves to a certain career and position. The most important thing for them is to get a little bit of money and have more free time, either to study, develop their skills, or find better jobs.
This policy further deepens these advantages and allows employees to control their time and make arrangements amongst themselves. If an employee is, for example, busy taking care of a family member that is sick or old, this policy can give them more time to do so.
If an employee decides to give someone else at work their vacation time, they can do this freely as a gift, or for any other reason and allow the other employee to use it at will. Within Best Buy, there have been a number of examples where several employees donated a small amount of their vacation to their colleague as a birthday gift, to allow them to get the necessary rest. Employees can turn their cash into vacation time
When an older, more experienced colleague wants to help their younger coworkers, they can do this easily with this policy. This is because the vacation time is calculated on a dollar to dollar basis rather than hour to hour.
Simply put, if an employee who earns $15 per hour gives two hours to an employee who earns $10 per hour, that person will not receive two hours of vacation but three, as the amount of vacation given needs to be the same in financial terms.
(2 hours x $15 per hour= $30, while 3 hours x $10 per hour = $30)
This HR policy on donating vacation days
is complacent with all the laws and company policies. Employees can use them freely without worrying about getting into trouble, as long as they fill out the necessary paperwork.