Considering Unlimited PTO?

It’s possible you have been hearing about companies offering employees unlimited paid time off (PTO). Perhaps you have even started wondering if an unlimited PTO policy could be best for your employees. Before diving into creating a new unlimited PTO policy, make sure you carefully review your reasons for creating such a policy and the laws in your state to determine if it really is the right move for your company.

Take a little time and check out Littler’s 2 the Point Video “What is unlimited Paid Time Off or PTO, and is it right for your business?” As Littler discusses, there are certain types of positions that may be better suited for unlimited PTO and a number of pros and cons of these types of policies that must be considered. Furthermore, some states have paid sick and safe time laws or restrictions on “use it or lose it” vacation policies to take into account. Visit the Reference Center to view information on a variety of employment law topics, including paid sick leave and FMLA leave, and PolicySmart^TM for handbook policy news and templates.

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