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

Business Management Daily

Paid vacation and PTO. Though many workers have additional paid time off available and would benefit from using it to rejuvenate, getting employees to take PTO during the crisis can prove challenging. Employers also realize that an abundance of unused PTO could cause problems down the line.

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Employee Leave: Setting Your PTO Policy

BerniePortal

*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.

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11 Benefits of Paid Time Off (PTO)

Hppy

Other company owners offer less paid vacation leaves than paid sick leaves. But many employees prefer PTO or paid time off benefits rather than paid sick or vacation days. Experts believe that providing PTO benefits to employees is beneficial for the overall growth of a company. Lower Costs.

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HR News: Encouraging Employee Time Off

eni

The average American worker takes only half of their allotted vacation time each year. Misconceptions surrounding time-off still leads organizations to believe that under-utilized vacation time results in a more present workforce. Many employers are responding to this employee burnout by creating vacation-friendly policies.

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What Are Employee Benefits?

Abel HR

But as presented from surveys by the Harvard Business Review or Frac.tl , it shows that employees want more than the basic employee benefits. Since there’s no definitive leave law to mandate all organizations, companies can choose to have a paid or unpaid leave approach. What, then, can your company offer?

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What employees expect from benefits packages

Business Management Daily

Presenting a good employee benefits package often gives one employer an edge over another, especially in cases where basic salaries are relatively equal. Likewise, paid vacation days offer the opportunity for workers to recharge. Many organizations no longer distinguish between sick days and vacation days.

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18 Years of Service Award Ideas for Celebrating Employee Milestones

Empuls

Paid time off (PTO) enhancement Enhance the standard employee benefits by offering additional paid time off (PTO) as a years of service award. For example, Microsoft could enhance their years of service awards by offering additional paid time off to employees who have been with the company for a certain number of years.

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