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3 Reasons to Boost Your Employee Benefits Offerings in 2020

Achievers

Naturally, most businesses can’t afford the king suite of benefits—unlimited PTO, free insurance, etc. Given the choice between working somewhere with great benefits and somewhere with the bare minimum, anyone would choose the business with more PTO. You might be thinking, “Well, of course, they would.” Share your comments below.

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How to handle unused vacation days amid COVID-19

Insperity

Usually by the fall, employees have used much of their paid time off (PTO) on spring and summer trips. But with hardly anywhere to go during the COVID-19 pandemic, unused vacation days have piled up at many companies – a phenomenon called PTO hoarding. Should you encourage employees to take PTO? You can make PTO policy changes.

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5 Benefits to Include In Your Employee Retention Strategy

Best Money Moves

In a 2021 survey, Priceline found that only 21% of Americans used all of their PTO in 2020 and 19% felt their positions were too demanding to allow them time away. PTO is not only an important part of employee compensation but a vital tool for fighting burnout that can contribute to turnover.

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Why every business should offer floating holidays

Business Management Daily

A floating holiday is a PTO day that can be used for personal days, birthdays, or significant religious or cultural days outside of the standard federal holidays. Floating holidays differ from other forms of PTO in that they generally aren’t accrued over time like vacation or sick time. What is a floating holiday? The answer is yes.

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IRS’ tips from the top at 2020 APA Virtual Congress

Business Management Daily

At Tuesday’s first workshop, Payroll Changes for 2020 and Beyond , Andrew Garboden, CPP, Director of Payroll Training at the American Payroll Association and Curtis Tatum, Esq., In non-covid-19 news, Tatum reminded attendees of the final regulations allowing employees’ Social Security numbers to be truncated on their 2020 W-2s.

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An Employer’s Guide To Work From Home Best Practices (2020)

Genesis HR Solutions

Allow employees to use PTO to offset the times they’re not available. Note: The federal government has expanded medical leave since April 2, 2020, allowing employees to use up to 80 hours of sick time to care for quarantined individuals or children without daycare.).

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8 Trends in HR changing the future of work

Insperity

For all the speculation about what the future of work will be like, one could argue that “the future of work” is already here – it actually began in mid-March 2020 when workers around the world were sent home by their employers to slow the spread of COVID-19.

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