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In this episode of HR Party of One, the focus is on optimizing paid time off (PTO) policies to improve employee retention. The tutorial addresses ten common questions regarding PTO, aiming to clarify its use. PTO is defined as personal time off from work with continued pay, and employers offer it for various reasons, including enhancing employee satisfaction and retention. The video explores the significance of having a well-structured PTO policy tailored to a company's size and industry, outlining best practices for managing time off benefits effectively. By the end, viewers will gain insights on maximizing their PTO policies to better support their workforce.