Banking Overtime Paid Sick Leave PTO 
HR Management Activities
JULY 20, 2020
One of the most effective absenteeism control methods is to provide paid sick-leave banks for employees to use up to some level. Some firms have extended their policies to provide a paid time-off (PTO) program in which vacation time, holidays, and sick leave for each employee are combined into a PTO account.
Insperity
MARCH 5, 2019
Paid time off (PTO), where vacation and sick time are all lumped into one bucket, is a standard employee benefit in many companies today. Typically, a mandatory PTO program takes the form of an annual time-off minimum. Of course, employees can take longer stretches if they have the available PTO and manager support.
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