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Paid Time Off (PTO). A new survey conducted by Fractl found that, after health insurance, employees favor benefits that are relatively inexpensive to employers, such as flexible hours, extra paidvacation time, and work-from-home options. PTO is any time off that is compensated by an employer. Life insurance.
Book a demo with our rewards and incentives expert. Paid time off (PTO) enhancement Enhance the standard employee benefits by offering additional paid time off (PTO) as a years of service award. For instance, employees reaching 10 years of service could receive an extra week of paidvacation to use within the year.
Paid time off (PTO) Paid time off is a crucial element of an employee benefits program. Offering generous PTO policies can help employees recharge and maintain work-life balance. Components may include: Vacation days: Employees should be encouraged to take time off for rest and relaxation.
Beyond obvious incentives like bonuses, extra PTO, and raises, think about more creative options, such as donating to charities in employees’ names or giving employees a day off each quarter to volunteer. Celebrating big milestones with experiences like concerts or paidvacations can be huge motivators as well.
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