Benefits Of Switching From Traditional Time Off Program To Paid Time Off Bank — Business Management Daily: Free Reports on Human Resources, Employment Law, Office Management, Office Communication, Office Technology and Small Business Tax Business Management Daily
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Benefits Of Switching From Traditional Time Off Program To Paid Time Off Bank

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Some employees drag themselves into work when they are sick as a dog. Others call out feigning illness. Behaviors that couldn't be more opposite, yet which often share the same cause: not having adequate control over their employer-provided paid time off.

 

In a traditional time off program, employees are given a set number of sick days, vacation days, and, in some instances, personal days. Having their time off needs fit into these neat little categories isn't always so easy for employees.

 

How can an employer help, and, in turn, get sick employees to stay home and healthy ones to show up? Give employees more control of their time off. One option: Switch from a traditional time off program to a paid time off (PTO) bank. Switching to a PTO bank allows employees to better plan for their time off needs. With a lump sum of time, they can designate how best to allocate their time off without worrying about making it...(register to read more)

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