Many small businesses are changing how they bundle employee benefits. Sick leave? Vacation? Personal time? It’s all a bit overwhelming. Many companies are now adopting paid time off (PTO) plans, a bank of hours from which employees can draw. While PTO can be great for recruiting and retention, it does have problems — employees don’t want to waste vacation when they’re sick.According to paycor.com, a human resources, payroll and timekeeping software solutions company, there are plenty of advantages to PTO plans:
Better relationships: There is no incentive to lie about being sick or having a doctor’s appointment to use all annual
Sick Leave or Paid Time Off?
Sick leave? Vacation? Paid time off? It's all a bit overwhelming. Find out how to bundle employee benefits to best fit your business.
Sep 11, 2014
| by Briana Jones |
