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Paid Time Off (PTO) Programs and Practices
WorldatWork
June 15, 2016
42 pages. "88% of organizations believe it is necessary to offer some type of paid time off program to be competitive in the labor market.... On average, organizations offer 10 to 22 days of vacation time and seven to 11 days of sick leave annually.... The structure of these programs with extensive rules applied to their use may not meet the needs of individual employees. 26% of organizations are considering rolling various types of leave together to offer employees a PTO bank-type system that they can use for a variety of needs."
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