PeopleKeep

OCTOBER 12, 2022

As an employer looking to hire new talent or retain your existing employees, it’s important to offer fringe benefits including paid time off, also known as PTO. Offering PTO is a crucial element of a healthy and attractive workplace. When employees take PTO, productivity is increased and burnout is reduced.

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BerniePortal

APRIL 20, 2022

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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Business Management Daily

NOVEMBER 1, 2021

However, managing and tracking PTO can be a nightmare for companies large and small. Before you start tracking and managing employee PTO balances, you’ll need to formulate a PTO policy to determine how PTO is going to be accrued or offered. Tracking PTO balances and accruals. Software solutions. Excel tracking.

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Patriot Software

MARCH 16, 2022

Say you have a PTO (paid time off) accrual policy where employees earn hours throughout the year. Does PTO accrue during FMLA? In most cases, accruing PTO while […] READ MORE. One of your employees goes on maternity leave, a type of Family and Medical Leave Act (FMLA)-covered leave. She’s gone for 12 weeks.

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Best Money Moves

AUGUST 11, 2021

Combat COVID-19 Burnout With These 3 PTO Strategies. PTO benefits can be an important weapon in fighting widespread pandemic burnout. Try these three strategies to encourage PTO use. Yet, even before the COVID-19 pandemic, American workers have a history of not taking full advantage of their PTO.

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BerniePortal

DECEMBER 3, 2021

As the year comes to an end, questions from employees around unused PTO are typically just beginning. When it comes to establishing a company PTO policy , there are a lot of factors to consider—from deciding between an accrual or lump sum strategy, to determining who will manage time off requests.

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Business Management Daily

JULY 12, 2021

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. Holidays are paid days off that do not come from either of the above-mentioned PTO banks. Sick leave.

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BerniePortal

DECEMBER 22, 2022

While not legally required, PTO strategies are a vital component of organizational success. Read on to understand the various PTO strategies available, their benefits, and their major components to determine the best strategy for your organization. So, how can you be sure you are using the best practices?

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BerniePortal

OCTOBER 29, 2021

It can be difficult to determine which paid time off (PTO) method might work best for your organization. Your PTO strategy can affect your overall retention rates and your recruiting strategies Read on to find out what types of PTO policies are available, and which one might work best for your organization.

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Achievers

JUNE 26, 2018

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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Patriot Software

JUNE 29, 2022

Employees can make PTO donations to Ukrainian refugees to help raise money for those in need. Russia’s invasion of Ukraine has people across the U.S. thinking of ways to donate to the Ukrainian people. Businesses giving charitable donations, like money and property, are common. But, there are other ways to contribute.

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HR Digest

JANUARY 1, 2023

Creating a standard PTO request form gives employee room to not only enjoy the benefit perks but allow employees to take a break from work and come back active to give their best. What Is A PTO Request Form? This can also be beneficial for companies to assess how employees’ PTO’s affect the team productivity. Conclusion.

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Patriot Software

JUNE 28, 2021

And, some states require employers to provide some form of paid time off (PTO). So, how do you calculate PTO, especially if an employee earns overtime? And, does PTO accrue on overtime? Federal and state laws both provide regulations regarding overtime. Keep reading to find out the […] READ MORE.

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BetterUp

MARCH 21, 2022

What is unlimited PTO? 3 benefits of unlimited PTO. 3 drawbacks of unlimited PTO. 3 companies that offer unlimited PTO. 4 tips for a successful unlimited PTO policy. Jump to section. Get your out-of-office ready.

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Business Management Daily

JANUARY 12, 2023

Here, we look at what makes floating holidays different from regular paid time off (PTO), what considerations go into creating a floating holiday policy, and how this type of day off promotes organizational values such as work-life balance and diversity. When using regular PTO, workers sometimes take off only an hour or a half day of time.

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Business Management Daily

APRIL 23, 2021

PTO policy may not be something you consider updating regularly, and that probably worked for a long time. However, with an increased focus on paid and unpaid leave in the public eye, companies with outdated PTO policies could find themselves in messy situations. They set the rules for when and for what reason workers could take PTO.

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BerniePortal

JULY 15, 2022

One primary consideration all organizations must think about is how they wish to structure their PTO policy. Read on for why an accrual PTO policy might be a good option for your organization and what steps you can take to create your own.

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BerniePortal

SEPTEMBER 25, 2020

As the end of the year approaches, it's important for employers to revisit their PTO policy and align expectations accordingly. With the COVID-19 pandemic still surging and holidays on the horizon, employees will start thinking about how much PTO they have left and if they should take it.

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Patriot Software

JULY 26, 2021

Deciding whether you want to provide paid time off (PTO) is something you need to do before you hire an employee. Offering PTO also requires you to craft a policy that explains how your business treats accrued time off. But, PTO payout laws by state may restrict whether you can establish a use-it-or-lose-it policy.

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HR Bartender

OCTOBER 19, 2017

At this year’s WorkHuman Conference , pioneered by Globoforce, I learned about a new employee benefit called social justice PTO. We’re familiar with the concept of PTO (paid time off). Social justice PTO is paid time off but for social issues, like protests or marches. Instead of employees having vacation days, sick days, etc.,

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BerniePortal

MAY 25, 2021

With the summer months quickly approaching, employers should encourage their teams to use their paid time off (PTO). Telling employees to take time off sounds counterintuitive—isn’t it best if your employees are reporting for duty and present at work? Not exactly. Read on to find out why.

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Corporate Synergies

JUNE 14, 2021

Can your paid time off (PTO) rules keep up when employees want to take that long-postponed trip? Here’s what to consider as you adjust PTO imbalance. One of the most important parts of updating the PTO policy is keeping your. The post 6 Options to Adjust PTO Imbalance appeared first on Corporate Synergies.

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Hppy

OCTOBER 20, 2021

Having a modernized paid time off (PTO) policy is important for employees and businesses. When you don’t offer your employees PTO or you don’t have a well-structured program for implementation, it’s problematic. Below, we go into some things any business or HR team should know about modernized PTO. . An Overview of PTO.

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Patriot Software

JULY 7, 2021

As an employer, you may decide to establish a paid time off (PTO) policy for your employees that they can use for vacation, personal days, sick time, etc. But, how do you go about changing your business’s PTO policy? At some point, you may decide that you want to tweak your current policy. And, can […] READ MORE.

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BerniePortal

NOVEMBER 4, 2020

PTO remains a top priority for both employees and job candidates. Eager to retain current teammates and to attract potential new hires, many employers have started to offer unlimited PTO plans. What does HR need to know about this time off policy, and what should it consider when deciding to implement a new PTO benefit?

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BerniePortal

NOVEMBER 14, 2020

Organizations that utilize a “ use it or lose it ” PTO approach may find HR overwhelmed by this careful balancing act during the holiday season. Use this communication template to remind employees to check their PTO status before the year ends—and their time off potentially expires.

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Business Management Daily

JULY 8, 2020

Paid vacation and PTO. Though many workers have additional paid time off available and would benefit from using it to rejuvenate, getting employees to take PTO during the crisis can prove challenging. Employers also realize that an abundance of unused PTO could cause problems down the line.

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Genesis HR Solutions

DECEMBER 16, 2019

Because laws for PTO come from the state level, it is important to understand your state’s requirements. Following are ten things employers in the Commonwealth need to know about Massachusetts PTO. There is no single requirement or standard for PTO in Massachusetts. Need to create PTO policies but don’t know where to start?

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Business Management Daily

MAY 2, 2022

He likely, though, would have thought somebody in human resources was pulling his leg if presented with the notion of unlimited paid time off (PTO). As companies look for ways to attract top talent and improve retention rates, unlimited PTO is a reality at many organizations. What is an unlimited PTO policy?

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BerniePortal

MAY 26, 2021

A strong paid time off (PTO) policy helps retain current talent and attract prospective candidates. Not to mention that employers also provide employees PTO as a way to combat employee burnout, increase productivity, and boost morale. From what it is to how it works and other common FAQs, find out what you need to know about PTO.

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BerniePortal

MARCH 12, 2020

*This blog is adapted from the HR Party of One episode, Employee Leave: Setting Your PTO Policy which you can view below. How do you create a PTO policy that’s fair? PTO evolved pretty substantially over about a hundred year period. The History of PTO. So what kind of PTO policy is right for you? It’s tough!

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Abel HR

AUGUST 6, 2020

Prior to the corona virus outbreak, many companies had paid time off (PTO) policies that don’t allow employees to carry over all of their vacation time accrued or strictly limits how much time they can shift to a subsequent calendar year. The post Accommodating PTO Post Pandemic appeared first on Abel HR. shorted for their time.

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BerniePortal

OCTOBER 26, 2020

This question can significantly impact the administration of PTO —and can also impact employee satisfaction. Find out what HR leaders should know about two common approaches to PTO: annual allotment and accrual banks. How should small and mid-sized employers structure their paid time off approach?

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BerniePortal

OCTOBER 23, 2020

With the end of the year quickly approaching, it’s important to send your team reminders about your PTO policy—especially if your policy includes blackout dates. Read on for tips on navigating vacation blackouts while meeting the needs of your employees too.

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Hppy

DECEMBER 16, 2021

But many employees prefer PTO or paid time off benefits rather than paid sick or vacation days. Experts believe that providing PTO benefits to employees is beneficial for the overall growth of a company. With PTO, your employees will receive additional monetary benefits aside from their monthly compensation.

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Corporate Synergies

OCTOBER 26, 2020

Whether accrued or unlimited, your post-COVID-19 PTO rules may need adjustment. The post Can Your Post-COVID-19 PTO Rules Keep Up with Workforce Demand? With the outbreak of the novel coronavirus, working life has changed. However, with time and careful planning, we may eventually return to a more “normal-looking” life.

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Business Management Daily

JULY 15, 2020

Warning: You’ll run head long into a Payroll and HR catastrophe if you have a use-it-or-lose-it PTO policy. PTO possibilities. Work with employees to develop personal PTO plans. PTO policy choices. PTO options notwithstanding, now may be the perfect time to take a critical look at your PTO plan. Reason No.

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