Many companies let employees decide how and when they use time-off benefits. Instead of focusing on the true purpose of paid time-off—regenerating productivity—policies instead fixate on PTO balances or maximums. It’s time to optimize vacation strategy so that it recharges both your employees and your organization.
Boost Your Company Culture
“Company culture is a key component to employee happiness and engagement, and it is the one driven by top company leaders impacting at the organizational level”, says Brandon Smith, the author of The Happiness at Work Formula.
Company leaders boost company culture and decrease employee burnout through modeling and promoting the value of work-life balance.… Read the rest
Use Vacation Prescription to Reduce the Costs of Employee Burnout
Somehow, employee burnout has become synonymous with the hard-working spirit of Americans. The image of the coffee-chugging, bleary-eyed employee running around trying to make meetings and catch up on work has become far too common. Burnout has traditionally been viewed as an individual’s problem, when really it is an organizational one.… Read the rest
The Ultimate Guide on PTO Liability when Operating in Multiple States
This article is the second article in a blog series about unused vacation liability and best practices.
Organizational leaders seek to reduce or eliminate paid time off (PTO)-related financial liability. This business goal shapes the overall strategy of your organization’s PTO policy.… Read the rest
CFOs Beware: Unlimited Vacation Is A Bad Fix for Unused Vacation Liability
Unused Vacation Liability Compromises Cash Flow and Creditworthiness![]()
You have seen the lingering liability of unused vacation time on your company’s balance sheet. And you are likely aware that the problem is not unique to your company or to your employees.… Read the rest
Is There a Good Reason to Change U.S. Vacation Practices?
A lot has been written about the dismal state of vacation practices in America, as compared to other developed nations, like Germany or Netherlands, and for good reason. Only 53% of Americans have not taken a vacation in the last 12 months. … Read the rest