Rethinking Employee Leave Policies

July 6th, 2005

There are lots of good reasons to work for a small company instead of a large corporation, and one of the top has to be added flexibility. But how do you demonstrate that flexibility when talking to a sought-after recruit? One way may be to rethink how you offer paid benefits.

The status quo primarily puts benefits in two buckets: vacation time and sick time. This can encourage employees to take less days off, but often pushes employees to fake all kinds of illness when they need a personal day.

Why not put all of their days off into one bucket of "paid leave" then leave it to your employees to responsibly use them? But you may say "We can’t trust our employees to manage those extra days." Well, in that case you may have deeper issues to address…

The Triangle Business Journal details how some Raleigh-area companies are offering "a paid time-off plan" and it seems to be working. If you would like to learn more about paid time-off (PTO) plans, just let us know.

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