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The pros and cons of an unlimited PTO policy

Business Management Daily

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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Standing Out in the Crowd: How Total Compensation Reports Attract Top Talent

COMPackage

The TCR outlines the salary, health insurance options, paid time off (PTO) policy, retirement plan contributions, and additional perks like gym memberships or professional development opportunities. Which company seems more attractive and invested in its employees? Imagine two potential candidates receive similar job offers.

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6 Top Employee Benefits Programs With Examples To Boost Satisfaction

Empuls

Employees who feel their needs are being met through their benefits are more likely to stay engaged and committed to their organization. Enhancing employee well-being Employee benefits contribute to the overall well-being of employees.

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Companies should prepare to handle a slew of vacation requests this summer

Business Management Daily

During the COVID-19 pandemic, many employees decided against taking paid time off. Some stockpiled PTO in order to receive a payout if they were let go by their employer. The improving economy gives workers a greater sense of job security and a decreased need to hoard PTO. How much PTO do employees have on the books?

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HR in crisis management: Navigating the unexpected with resilience

Higginbotham

During and after a crisis, HR is responsible for employee relations, including mental health support and employee well-being. A healthy work-life balance fosters employee well-being and loyalty to the organization. Furloughed workers must receive their accrued pay and any amounts due from PTO credit.