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Employees don’t use 6.5 days of their PTO 1 More than a quarter (27.2%) of PTO went unused in 2018—up from 25.9% in 2017. In 2018, 55% of Americans reported having unused vacation days.
Cash for PTO: This app is helping businesses balance out their PTO debts By Alyssa Place October 25, 2021, 5:30 a.m. EDT 2 Min Read ...
Callum Borchers: Yes. And some businesses that say they're really committed to the work-life balance have done that. As opposed to a PTO limit, they've instituted a PTO floor.
Of the 200 companies surveyed by U.S. News, 20% offer unlimited PTO, 15% of which are technology companies; 39% of companies surveyed do not offer unlimited PTO.
The workforce is still having a hard time establishing a work-life balance — but healthier habits around tech, and the right policies to support a change, can help. Ninety-three percent of Gen Z and ...
Once an employee’s unused PTO balance reaches 15 days during the year, the employee has the option to be paid in cash for any PTO days in excess of 15. An employee with no prior PTO balance who was ...
In an issue of first impression, the U.S. Court of Appeals for the Third Circuit held that paid time off (“PTO”) is not a form of salary under the Fair Labor Standards Act (“FLSA”) and ...