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Unlimited PTO pros and cons: Balanced overview for employers and employees

Higginbotham

Unlimited PTO policies are becoming more popular, but they can come with advantages and challenges. Understanding the pros and cons for both employees and employers is key when deciding if an unlimited paid time off program is right for your organization. What is unlimited PTO? Attracting top talent. Cost efficiency.

PTO 52
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PTO request policy: A comprehensive guide for employers

Business Management Daily

Employers must have a straightforward PTO request process to grant paid time off and promote a positive work-life balance. Find out what should be included in a PTO request and how to create an effective PTO policy. What Should Be Included in a PTO Request Here are the essential items to include in a time off request.

PTO 40
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Selecting Holidays for an Inclusive PTO Program

Griffin Benefits

As an employer, it is crucial to consider the diverse needs and preferences of the workforce when designing a Paid Time Off (PTO) program. RECOGNIZING NATIONAL HOLIDAYS National holidays are a fundamental part of any PTO program. Some employees might not celebrate or have personal connections to these cultural events.

PTO 52
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Should I Offer Unlimited PTO—Or Is It A Trap?

Genesis HR Solutions

Then offer an out-of-this-world paid time off (PTO) plan. It’s a well-known fact that PTO draws employees in. An appealing PTO policy acts as bait when recruiting, giving you something to advertise and something to brag about. But offering unlimited PTO is, in my opinion, a mistake for most employers—here’s why.

PTO 52
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Addressing current events at work: The good, the bad and the necessary

Insperity

Current events can be hot-button topics that often affect different people in unique ways, and therefore have an impact on daily business operations. There’s a place for addressing current events at work, and it should be part of your overall communication planning and strategy. The 411 on current events at work.

PTO 90
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Floating holidays vs PTO: Differences and benefits

Business Management Daily

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.

PTO 52
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Rethinking benefits and PTO in light of the COVID-19 crisis

Business Management Daily

Also, since the IRS has permitted medical plans governed by Section 125 provisions to offer additional periods to enroll into plans outside the already defined qualifying life events, many HR reps are busy passing this information along to employees who may want to take action. Paid vacation and PTO.

PTO 89