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Paid Vacation/PTO Offerings—Time to Check Those Balances!

International Foundation of Employee Benefit Plans

Read more > The post <strong>Paid Vacation/PTO Offerings—Time to Check Those Balances!</strong> The calendar flipped from December to January, setting off the annual rush of workers checking their updated time-off balances. Dreary January days (like those in Wisconsin today) give workers the.

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Creating an Unlimited PTO Policy

Patriot Software

Offering paid time off (PTO) is a benefit many small business owners extend to employees. Although the Fair Labor Standards Act (FLSA) does not typically require PTO, many business owners provide paid vacation and personal days. And, some employers may even offer unlimited PTO policies.

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Eliminate Spreadsheets & Reduce Errors with BerniePortal’s PTO Tracker

BerniePortal

In addition, most PTO policies include national and floating holidays, paid vacation days, paid family leave, and paid sick leave as well. A competitive PTO package can set an organization apart in the job market while boosting employee satisfaction and retention.

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What Employees Really Want from Their PTO Package

Achievers

Paid time off (PTO) is more than a privilege. That begs the question, is all the tenacity balanced with sufficient PTO and the ability to stay home when you’re sick? Are 11 days of PTO too many or not enough? On average, American workers receive 11 days of PTO per year, which includes both sick and vacation pay.

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Unlimited PTO—Surprise! It’s Not Unlimited.

International Foundation of Employee Benefit Plans

Unlimited paid time off (PTO): the benefits trend that has rapidly grown, especially in the wake of a global pandemic. How exactly are employers able to offer a limitless vacation. Read more > The post Unlimited PTO—Surprise! It’s Not Unlimited. appeared first on Word on Benefits.

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Hot Summer Topic—PTO and Vacation Benefits

International Foundation of Employee Benefit Plans

Whether it’s a family road trip with fruit snacks and beef jerky, getting another stamp or two on your passport, or enjoying your own community with a staycation, time off is a hot topic for many employees across the United States as […] The post Hot Summer Topic—PTO and Vacation Benefits appeared first on Word on Benefits.

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How to choose a PTO policy for your business

Business Management Daily

Paid time off is an essential component of your employee benefits and compensation package. As such, your PTO policy will be one of your most important company policies. Having a solid PTO policy will make administering paid time off easier on human resources and simpler to use for employees. Types of PTO.

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