Best Money Moves

AUGUST 11, 2021

Combat COVID-19 Burnout With These 3 PTO Strategies. PTO benefits can be an important weapon in fighting widespread pandemic burnout. Try these three strategies to encourage PTO use. Yet, even before the COVID-19 pandemic, American workers have a history of not taking full advantage of their PTO.

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Business Management Daily

NOVEMBER 1, 2021

However, managing and tracking PTO can be a nightmare for companies large and small. Before you start tracking and managing employee PTO balances, you’ll need to formulate a PTO policy to determine how PTO is going to be accrued or offered. Tracking PTO balances and accruals. Software solutions. Excel tracking.

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Business Management Daily

JULY 12, 2021

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. Holidays are paid days off that do not come from either of the above-mentioned PTO banks. Sick leave.

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BerniePortal

APRIL 20, 2022

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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Achievers

DECEMBER 16, 2019

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. You might be thinking, “Well, of course, they would.”

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BerniePortal

DECEMBER 3, 2021

As the year comes to an end, questions from employees around unused PTO are typically just beginning. When it comes to establishing a company PTO policy , there are a lot of factors to consider—from deciding between an accrual or lump sum strategy, to determining who will manage time off requests.

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Employee Benefit News

JUNE 6, 2023

Cameron Yarbrough, CEO of Torch.io, explains how HR leaders can craft an effective PTO policy.

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BerniePortal

OCTOBER 29, 2021

It can be difficult to determine which paid time off (PTO) method might work best for your organization. Your PTO strategy can affect your overall retention rates and your recruiting strategies Read on to find out what types of PTO policies are available, and which one might work best for your organization.

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Patriot Software

JUNE 28, 2021

And, some states require employers to provide some form of paid time off (PTO). So, how do you calculate PTO, especially if an employee earns overtime? And, does PTO accrue on overtime? Federal and state laws both provide regulations regarding overtime. Keep reading to find out the […] READ MORE.

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Patriot Software

JULY 26, 2021

Deciding whether you want to provide paid time off (PTO) is something you need to do before you hire an employee. Offering PTO also requires you to craft a policy that explains how your business treats accrued time off. But, PTO payout laws by state may restrict whether you can establish a use-it-or-lose-it policy.

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Employee Benefit News

MAY 23, 2024

The director of people and culture at HiBob shares how managers can navigate their workers' PTO needs this summer.

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International Foundation of Employee Benefit Plans

JANUARY 24, 2023

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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Patriot Software

JUNE 29, 2022

Employees can make PTO donations to Ukrainian refugees to help raise money for those in need. Russia’s invasion of Ukraine has people across the U.S. thinking of ways to donate to the Ukrainian people. Businesses giving charitable donations, like money and property, are common. But, there are other ways to contribute.

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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.

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Employee Benefit News

AUGUST 1, 2024

Without the right oversight, workers can fall back on old habits and accidentally make their new benefit obsolete.

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Employee Benefit News

AUGUST 27, 2024

Guidelines and good communication are some of the ways leaders can make the time-off process successful.

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Employee Benefit News

DECEMBER 23, 2022

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Achievers

DECEMBER 19, 2023

Give employees plenty of PTO — and encourage them to use it Every organization that cares about employee wellness should understand the importance of a healthy work-life balance. Providing a significant amount of PTO is a tangible way to demonstrate a commitment to the wellbeing of employees.

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Employee Benefit News

MARCH 7, 2024

Jennifer Mahone Rightler, founder and CEO of Elements2Inclusion, explains how mini sabbaticals can refresh and re-engage their workforce.

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Employee Benefit News

OCTOBER 10, 2024

Companies should consider offering paid leave for employees who are victims of domestic violence and other serious crimes.

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Employee Benefit News

FEBRUARY 21, 2024

Experts from the University of Phoenix and MomsRising break down how employers can help low-income moms overcome career barriers.

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Employee Benefit News

DECEMBER 29, 2023

From flexibility to expert advice, employers have a better shot of retaining talent when they offer support to employees caring for loved ones.

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Employee Benefit News

DECEMBER 26, 2023

Employees stress about adding additional work to a colleague's plate while taking PTO.

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Employee Benefit News

DECEMBER 1, 2022

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BerniePortal

APRIL 27, 2021

While some degree of turnover is expected in most organizations, experts are predicting a wave of widespread turnover after vaccine efforts help workers feel more confident about making career moves. If this proves to be the case, retention efforts will need to be top of mind for employers going into this summer.

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Higginbotham

SEPTEMBER 26, 2024

Unlimited PTO policies are becoming more popular, but they can come with advantages and challenges. What is unlimited PTO? Unlimited PTO is a self-managed paid time off policy that allows employees to take as much paid time off as they need without the constraints of a pre-determined number of days per year. Cost efficiency.

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Employee Benefit News

NOVEMBER 23, 2022

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Employee Benefit News

MAY 28, 2024

Law firm Bisnar Chase asked 3,000 employees which international labor laws they wished would be implemented in their state.

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Insperity

MARCH 8, 2022

For example, some states have laws requiring dedicated paid sick leave or may permit the lumping of all time off together into one paid time off (PTO) bank. Post-pandemic, many companies offer extra PTO days specifically for personal matters. Furthermore, avoid rewarding employees who don’t use their PTO benefit.

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Employee Benefit News

MARCH 15, 2023

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Achievers

NOVEMBER 23, 2021

But when employees can express how they truly feel, and your organization acts on that feedback quickly — like by implementing additional PTO or scheduling flexibility to address work-life balance issues — morale and wellness will rise. Unaddressed sources of stress can result in burnout throughout your organization.

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Employee Benefit News

APRIL 5, 2024

MyPerfectResume released a ranking of perks and offerings that could make employees more willing to return to the office.

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TLNT

MAY 1, 2023

We seem to have entered an era of work that increasingly demands innovation from HR teams.

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Employee Benefit News

JUNE 25, 2024

Financial planning programs, expanded PTO and flexibility can attract and retain talent, according to this expert from ADP.

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Achievers

OCTOBER 26, 2021

Giving your employee time off, such as a few days of extra PTO or even the opportunity to take a sabbatical, provides them with valuable time to recharge and celebrate on their own time. Tuition reimbursement, extra PTO, and giving the employee the option to buy into your company are all worthwhile incentives that team members appreciate.

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Wellable

FEBRUARY 21, 2022

Already growing in popularity, the pandemic rapidly accelerated the demand for flexible work arrangements. One survey of 1,500 hiring managers found 62% of companies plan to continue offering remote work opportunities because of their experiences during the COVID-19 pandemic.

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Employee Benefit News

JULY 15, 2022

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