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International Foundation of Employee Benefit Plans
JUNE 2, 2023
Whether it’s a family road trip with fruit snacks and beef jerky, getting another stamp or two on your passport, or enjoying your own community with a staycation, time off is a hot topic for many employees across the United States as […] The post Hot Summer Topic—PTO and Vacation Benefits appeared first on Word on Benefits.
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.
In some cases, there’s the paid time off (PTO) approach where employees can take their leave, regardless if it’s a sick leave, holiday leave, etc. In this instance, the company can dictate what type of PTO they’ll implement in the office. Health Benefits.
In the United States, taking a leave of absence can be complicated, especially when it comes to medical emergencies or other personal reasons. Unlike in some other countries where paidleave is the norm, U.S. Many European countries also offer paid parental leave and paid sick leave.
International Foundation of Employee Benefit Plans
FEBRUARY 16, 2023
Vacation is the brief pause in your life when you can feel the sunshine on your face and breeze through your hair, taking you to a place of escape. Read more > The post Organizations Get Serious About Vacation Unplugging appeared first on Word on Benefits.
*This blog is adapted from the HR Party of One episode, Employee Leave: Setting Your PTO Policy which you can view below. Paid time off is a topic that can be tricky to manage. How do you create a PTO policy that’s fair? PTO evolved pretty substantially over about a hundred year period. The History of PTO.
Leave and time off policies. The next set of templates will cover policies related to time off or leave. If your company has already moved to an unlimited PTO policy, portions of this section may not be necessary such as the vacation, sick leave, and perhaps short-term optional leaves such as bereavement leave.
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