No laws require businesses to give their employees paid vacation days. So why is PTO so important? Turns out, giving your employee paid time off can actually benefit you, as the employer.
Paid vacation and sick days help your employees maintain their own physical and mental health. Whether they are in bed with pneumonia or at the beach taking in a beautiful sunset, employees need a little wiggle room to take care of themselves.
Benefits to Employees:
Disconnecting from work allows employees to take a break from their job and enjoy other aspects of life. A little time away often gives them a chance to be more in-tune with their managers and co-workers. It also helps improve their work ethic and attitude.
Most employers will offer some type of PTO, but some actually require it. Sometimes a manager or boss might insist employees take a certain amount of time off each year.
In addition, when you offer plenty of sick days, you ensure that employees aren’t pressured to come to work. You don’t want that infection getting worse because they aren’t resting as they need.
Benefits to Employers:
Paid time off (PTO), pays dividends to the employer as well. It allows your staff reprieve, relaxation, and a chance to rejuvenate so they can return to work with more energy, patience, and perspective.
Not offering any type of PTO will cost your business big bucks in the long run. Overworked and stressed out employees get burned out, call in sick, become less productive, and eventually quit. This endless turnover is detrimental to building a strong company. Supporting your employees in their personal lives will save you money and build loyalty with them.
Providing adequate sick days ensures that your employees will keep their germs at home when they need to. This maintains a healthy work environment and prevents the spread of illness, particularly during cold and flu season.
How much is too much?
Many companies are moving to a general PTO policy instead of specifying a certain number of sick days and vacation days per year. Under this system, the employee uses their PTO at their discretion for whatever purpose they’d like. It allows for more flexibility to accommodate individual needs.
For some companies, unlimited PTO is becoming more and more popular. Under this benefit structure, employees are allowed to take as much time off as they’d like (with some limits on consecutive days) as long as their work is getting done. With goals and deadlines set, their work is based on progress rather than hours. This completely alleviates the need for tracking PTO and often translates into happier, healthier, and more productive employees. As long as their work gets done, time off is granted freely.
Deciding how much PTO to offer and how to regulate it varies from company to company, but there is no question that paid time off from work is a critical part to maintaining a healthy work-life balance and showing your employees that you truly care about their health and happiness.