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How to Hide Comments in the Paid-Time-Off Policy

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welcome back to another lawyer you know video and were going to stick with the christmas spirit and talk about the legal requirements for holiday pay we get tons of questions about holiday pay both from employers and employees employers want to know whats legally required and employees want to know what to expect during the holiday season its actually pretty simple the legal requirements for holiday pay are straight forward the way im going to go through this video is answer some of the frequently asked questions about the legal requirements for holiday pay so theres a very important distinction before we get into the questions that im going to answer on todays video and thats exempt versus non-exempt employees weve done a podcast that im going to link in the description below thats going to explain in detail what the difference is between an exempt and non-exempt employee because most people think that just means salaried and non-salaried employees but its not salaried emp

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Is unlimited PTO good for employers?

Potential Benefits to Unlimited PTO Policies On its face, unlimited PTO is a win for both employees and employers. An unlimited PTO policy is a valuable recruiting tool as it promotes autonomy over the employees own work/life balance. With more flexibility comes a greater responsibility for time management.

Is there a catch to unlimited PTO?

Theres a risk of PTO policy abuse Theres no guarantee that an employee wont abuse the unlimited time off policy. However, many unlimited PTO policies still hinge on manager approval. The managers approval serves as a good buffer to make sure employees arent abusing the system.

What is the most common PTO policy?

ing to SHRM, PTO accrual by pay period is the most common accrual rate with 37% of companies using this rate. Employees start accruing PTO upon their date of hire, but they still must wait a year until theyre able to access all of it.

Do employees abuse unlimited PTO?

Theres no guarantee that an employee wont abuse the unlimited time off policy. However, many unlimited PTO policies still hinge on manager approval. The managers approval serves as a good buffer to make sure employees arent abusing the system.

Is unlimited PTO a red flag?

No, unlimited PTO is not a red flag on its own. If they are unable to provide that information, it could be considered a red flag. If they are able to tell you how many days employees take off, it can be a sign that employees enjoy this benefit and are taking advantage of it.

Do people with unlimited PTO take less PTO?

ing to reporting by the Society of Human Resource Management (SHRM), companies that offer unlimited PTO unofficially cap vacation at three to six weeksfar more time off than the BLS average. However, the same SHRM report found that employees are surprisingly less likely to take time off when PTO is unlimited.

What are the problems with unlimited PTO?

Unlimited PTO Offers Flexibility But Has a Downside For example, employees who want unlimited PTO may not be as productive when they take time off. They may also need more training than other employees because theyre not used to working a regular schedule.

How many PTO days is normal for unlimited PTO?

One study found employees with unlimited PTO took an average of 13 days PTO per year, compared to 15 days for traditional PTO policies. Another case study found the average number of vacation days taken rose from 14.0 to 16.6 days per year after implementing unlimited PTO.

What is the no ask must tell paid time off policy?

They have a no ask, must tell time off policy, which means that employees can take time off when needed and only need to inform the company unless the leave is longer than 25 consecutive days.

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Hide Comments in the Paid-Time-Off Policy