What is Prorated PTO? (AKA Prorated Vacation Time)
All companies need to provide PTO for their employees. But in doing so, some complicated issues can arise. For example, what happens when someone starts working midway through the year?…
All companies need to provide PTO for their employees. But in doing so, some complicated issues can arise. For example, what happens when someone starts working midway through the year?…
There are typically two approaches to setting up your PTO policy and deciding how many vacation days employees get: lump-sum or accrued vacation. While this is not a decision that…
Paid Time Off (PTO) is constantly regarded as one of the most important and sought-after employee benefits. If you’re running a business, you need to provide your employees with a…
In this article, we’re going to give you a complete guide to calculating PTO and updating PTO balances for your team members based on accruals. PTO can work in many…
PTO is one of the most important, and highest-valued, employee benefits today. Every business needs to provide its employees with PTO. Any businesses that don’t offer PTO risks burning their…
In this guide to PTO accruals, we’re going to explain all you need to know about accrued PTO – from what “accruals” are, to how accrued PTO works, and how…