One Minute Takeaway: A paid time off (PTO) policy typically incorporates personal days and vacation. All vacation is PTO but not all PTO is vacation. PTO includes parental leave, jury duty, sick leave, holiday pay, bereavement leave and disability leave.Once...
Another tip is to benchmark your offerings against your competitors. Suppose your competitors have a better offering, such as free gym memberships, extra PTO, and more sick days. In that case, top talent may apply to them over you.