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Paid Vacation/PTO Offerings—Time to Check Those Balances!

International Foundation of Employee Benefit Plans

Read more > The post <strong>Paid Vacation/PTO Offerings—Time to Check Those Balances!</strong> The calendar flipped from December to January, setting off the annual rush of workers checking their updated time-off balances. Dreary January days (like those in Wisconsin today) give workers the.

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3 Reasons to Boost Your Employee Benefits Offerings in 2020

Achievers

Naturally, most businesses can’t afford the king suite of benefits—unlimited PTO, free insurance, etc. Given the choice between working somewhere with great benefits and somewhere with the bare minimum, anyone would choose the business with more PTO. Ten years ago, that wasn’t a problem.

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Creating an Unlimited PTO Policy

Patriot Software

Offering paid time off (PTO) is a benefit many small business owners extend to employees. Although the Fair Labor Standards Act (FLSA) does not typically require PTO, many business owners provide paid vacation and personal days. And, some employers may even offer unlimited PTO policies.

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Eliminate Spreadsheets & Reduce Errors with BerniePortal’s PTO Tracker

BerniePortal

In addition, most PTO policies include national and floating holidays, paid vacation days, paid family leave, and paid sick leave as well. A competitive PTO package can set an organization apart in the job market while boosting employee satisfaction and retention.

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How to choose a PTO policy for your business

Business Management Daily

Paid time off is an essential component of your employee benefits and compensation package. As such, your PTO policy will be one of your most important company policies. Having a solid PTO policy will make administering paid time off easier on human resources and simpler to use for employees. Types of PTO.

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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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Hot Summer Topic—PTO and Vacation Benefits

International Foundation of Employee Benefit Plans

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.

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