Paid Time Off Essay

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Recommended: Introduction about Absenteeism

Paid time off is one of the benefits that most of the employees are interesting for the fact that they do not want to miss from work for any reason and consequently, been charged with points which is used in absenteeism system. Every employer has a different standard in relation to absenteeism policy, some of them have a three points tolerance others maybe five, but with the inclusion of paid time off, employees do not have to worry too much in regards to being in position where he or she is in points trouble “One human resource benefit strategy sparking interest and gaining momentum across the business world is "paid time off" (PTO) in place of traditional time-off programs” (Korotin, A. (2011, p. 14) As far as for the firm, this benefit may not be the best choice in regards to benefits. As a reminder, this CPA firm has less than 100 employees, they also stated that because of the nature of their business, they have considered the possibility to hire part-time employees. Now if their current part-time employees are working less than 40 hours, does it make sense to offer them paid time off? How many work hours they would have to work to accumulate in order to apply for a paid time off if offer?. This is a perfect scenario to convince the compensation committee to extend to the employees the option of working from home (Martocchio, 2013). …show more content…

Employees in their 40’s are more concern about their retirement because they know that in about 20 years, they are going to be out of the workforce and they need something more than just the social security’s check. The 401(k) benefit helps retired employees to pay off mortgages, loans, car notes, etc. and leave them with some extra cash for emergency (Martocchio,

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