Want Unlimited PTO? Things to Consider Before Implementing Such a Program

Want Unlimited PTO? Things to Consider Before Implementing Such a Program

Marina Galatro

Key:

Complete
Failed
Available
Locked
Want Unlimited PTO? Things to Consider Before Implementing Such a Program
Open to view video.
Open to view video. As the paid sick leave law wave continues to ripple across the country, companies are looking at ways to meet or exceed the now more than 30 different paid sick leave laws. The idea of unlimited paid time off (PTO) is still splashing through HR professionals' minds as an alternative way to beat the many paid sick leave laws and as a way to attract and retain talent. Need to go to Hawaii for five weeks? Yes, go -- it's paid time off! Need the afternoon off to watch your child in a school play? Sure, it's paid time off! Need a "mental health" day or two (or five)? Why not -- it's paid time off! No questions asked. But before implementing such a program, there are some things to consider. Is it too much of a good thing? Will it improve morale and work-life balance or will it cause fear within the organization? Is it a true total rewards element that attracts and retains top talent? What about employees who need an extended medical leave of absence? Are they paid for the full leave duration? "Unlimited" may not really mean without limits.
HRCI Certificate
1.00 HR General credit  |  Certificate available
1.00 HR General credit  |  Certificate available
SHRM Certificate
1.00 PDC credit  |  Certificate available
1.00 PDC credit  |  Certificate available