The 5 Unmistakable Benefits of Paid Time Off (PTO)

The 5 Unmistakable Benefits of Paid Time Off (PTO)

When considering whether or not to take a job, employees will weigh multiple factors. One of the most important? The company’s PTO plan. Without a great PTO plan in place, you not only risk missing out on top talent, but you also miss out on the unmistakable benefits of paid time off. It’s time to make paid time off a priority. We’ll walk you through the reasons why.

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How Does Paid Time Off Work?

How Does Paid Time Off Work? Best Practices for PTO

Ah, the glorious acronym “PTO.” Those three letters are one of the most beautiful sounds to any hard-working employee looking forward to some much-needed time off. Of course, most people know that PTO stands for paid time off—but how does paid time off work, exactly? Whether you’re creating a PTO policy for your small business or an employee seeking to understand your PTO, we’re here to break down how PTO works, the types of PTO, and more.

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5 Keys to Creating an Accrual-Based PTO Policy

5 Keys to Creating an Accrual-Based PTO Policy

Before creating an accrual-based PTO policy you’ll want to focus on five key components: Accrual frequency, accrual amount, milestones, max balance, and carry-over limit. By understanding each of these keys, you’ll be able to build the paid time off plan that is best suited for the needs of your organization.

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Creating a Paid Time Off (PTO) Policy for your small business Eddy

Creating a Paid Time Off (PTO) Policy for your small business

Everybody loves the adage, “Work hard, play hard.” Not only is this a fun way to live, but building this lifestyle into your company culture is a great way to attract top talent and keep your current employees happy and productive. In the workplace, “Work hard, play hard” goes by a different name — PTO.

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