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How to Improve Your PTO Policy: A Guide for Business Owners

Oct 28, 2022

In today's business climate, it's more important than ever to have a competitive PTO policy. 

It's more important than ever to have a competitive PTO policy. After all, what's the point of working hard if you can't enjoy the fruits of your labor? If you're not careful, you could find yourself falling behind the competition. Here's a quick guide on how to improve your PTO policy.


1. Get rid of black-out dates. Black-out dates are the bane of existence for many workers. They're arbitrary and often prevent employees from taking the time off they need or want. If you want to improve your PTO policy, get rid of black-out dates and let your employees take the time off when they need it.


2. Offer unlimited PTO. This is becoming increasingly popular in the business world, and for good reason. Employees who have unlimited PTO feel trusted and empowered, and they're more likely to stick around for the long haul. If you want to attract and retain top talent, offer unlimited PTO.


3. Encourage employees to use their PTO. It's one thing to offer a great PTO policy, but it's another thing entirely to get your employees to actually use it. Many workers are afraid of taking time off because they don't want to fall behind or be seen as slacking off. Encourage your employees to use their PTO by reminding them that it's there for them and that it's okay to take a break every now and then.


4. Be flexible with how employees use their PTO. Some employees may prefer to take a few long vacations each year, while others may prefer to take a lot of small trips or staycations throughout the year. Be flexible with how your employees use their PTO and allow them to tailor their time off to fit their needs and preferences.


There you have it! A quick guide on how to improve your PTO policy. By getting rid of black-out dates, offering unlimited PTO, encouraging employees to use their PTO, and being flexible with how they use their time off, you can create a competitive PTO policy that will attract and retain top talent.


Want to overhaul your policy even more? Talk to a Professional Employer Organization like SkyHigh PEO. We can help you with every aspect of HR and employee management. So what are you waiting for, contact us today!

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