Unlimited PTO (Paid Time Off) has been a hotly debated topic in recent years, with some companies embracing it as a perk for employees, while others remain skeptical. On the one hand, unlimited PTO ...
Employees are leaving their paid time off on the table — and it’s becoming a major drain on a company’s morale and bottom line. Processing Content In 2020, 92% of employees say they left their ...
Billionaire CEOs, like Jensen Huang and Elon Musk, proudly embrace not taking a day off of work. However, not taking PTO may do more harm than good for business, according to Bill Cassidy, CEO of ...
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, therefore, ...
Imagine working for the same company for over a decade. You’ve never been one to take long vacations and your paid time off (PTO) balance has quietly climbed to more than 1,000 hours. Then your ...
Whether employers are required to pay out accrued but unused PTO is strictly a matter of state law. Some state laws specifically require such payouts -- at least for some types of PTO like vacation.
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