Here goes a test of the misc. benefits section!

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I'm working with a client to evaluate the possibility of instituting a PTO plan in lieu of a traditional time off plan with vacation, sick, etc.

In researching comparative data on this subject, it appears that many of the Silicon Valley companies perhaps do not include sick leave as part of a formal PTO program, but handle one-at-a-time sick days informally without tracking.

Has anyone heard of this? Comments on successful implementation of a PTO plan?

Thanks...