Paid time off: Good for what ails sick leave programs

Davolt, Steve
May 2006
Employee Benefit News;May2006, Vol. 20 Issue 6, p19
Looks at the advantages that can be obtained by companies from paid time off (PTO), a human resource concept which means condensing sick days, vacation days and holidays into single paid days and depositing them into banks for employees to use at their discretion. Common reasons being given by employees for filing a leave of absence, according to a 2005 survey by human resources consultant CCH; Impact of unexplained absences of employees on companies; Concerns raised by critics about the potential for presenteeism PTO presents.


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