Finding the right balance for your company’s paid time off policy means taking the time to consider the needs of each individual. Traditionally, a set number of days are allocated for vacation and sick days. Presently, there are new systems used by small businesses that take into account employee’s needs for flexibility. Paid time off or PTO is at the forefront of these methods. When done right, PTO offers your staff the opportunity to pursue outside interests while effectively building a team within the workplace. Understanding the different models used in today’s workplace is essential when creating a policy for your employee’s paid time away from the workplace. Each presents a challenge for the employer, and careful consideration is needed …show more content…
Cons • Giving staff the option of unlimited time off means that some workers pull more weight than others, spending more time at work than on vacation. • Giving employees unlimited time off makes it harder to track, leaving companies in the wind when it comes to laws governing sick and maternity leave. Paid Time Off vs. the Traditional System The traditional method for time off consists of a set number of days for vacation and sick leave. This time is calculated based on the situation; sick days, vacation time, or maternity leave have their own category. Using this model, employees can either take the time forfeit the days at the end of the year. Paid Time off or PTO, gives employees a bank of days to use at their discretion for a wide range of occasions. The difference between the two systems boils down to the employee, each choosing how and when to take time off. The advantages and drawbacks of the PTO system are as follows. Pros • Gives employees the freedom to choose how they use their paid time off. • Reduces administrative costs as all absences are pooled together regardless of the
The qualifications will be based on one’s performance, time with the company, and more importantly, need-based. According to Etizion (2003), vacations improve the quality of one’s personal life and an employee’s job performance. If the employee who believes they are in need more time away from work due to feeling burned out or overworked, permitting them to purchase additional vacation time can aid in their performance and involvement with their company. Paying for more vacation time will be based how much money is contributed to their employee spending account. This is different from regular vacation time where one is automatically paid for their 2-3 weeks of PTO time per year. Instead, my solution is to offer a need-based break at one’s will, and that is paid for by the employee. I believe this solution upholds ethical standards because it can allow the company to consider the worker’s well-being and
This mean that they will not loss time because they control everything even the employee's situation. According to Stewart (2015), at least 697,000 labors in the economy who don't know how many hours they're going to be working from one week to the week after, this point is good only for one side and its employers side, they can let them work the whole day and that wholesome anticipation to any new updates, and that is unfair for the employee and kind of exploit, for example employee can working for longer days and take the fifth day of the week off, or working a nine days period of time. (Pardey,
At some point, the more time one spends working, the less productive they become, as Delistraty states. Delistraty tells us that the French are required to take at least 30 days off each year. This should not just be mandatory for French workers, but for every full-time worker. Too many people in our culture overwork causing them to miss out on important milestones in their loved ones’ lives. Working over 50 hours a week not only stresses one’s body but also limits time spent with friends and family, which is one of my top priorities. Delistraty mentions Menlo Innovations and how they see people who work overtime as “inefficient workers, not dedicated.” I think that every company should view overtime this way, they recognize that overwork is inefficient. If companies have this mentality it might help people to focus more on themselves and not neglect their physical and psychological health and lead them to more efficient work. The motivation for employees to work hard, and overwork, is to allow themselves a comfortable retirement as Delistraty states. By overworking, people tend to miss out on milestones and important events, in their lives and family. As Delistraty tells us, people “are too busy fitting their lives into work, rather than fitting work into their lives”
Wilson, N & Peel, M (1991). The impact of absenteeism and quits of profit sharing and other forms of employee participation. Industrial and Labour Relations Review, 44(3) p454-468
Across the blue seas of the Atlantic, and even here in America, companies and governments have already begun to experiment with and implement the shorter working week for numerous of its working citizens and employees. Many European countries, including Sweden, Britain, France, the Netherlands, and Germany have already taken several steps toward adopting a smarter and more balanced version of the standard, 40 to 50 hour work week (Coote). With these new adjustments, the European leaders hope to encourage good working habits and growth among its staffers. Although several governments in Europe and other parts of the world have already started instituting the shorter work week, many American companies are beginning to follow the trail in the sand. Among these companies include the online technology school Treehouse, the service company KPMG, and a web application company called Basecamp (Sahadi). In a recent interview with the Treehouse Company CEO Ryan Carson, Ryan revealed that after implementing a shorter, more flexible working week for him and his employees, he saw a number of profound effects that the change had on his business and its employed workers. When asked for a reason as to why he began and continues the daring concept, Ryan stated that “The quality of the work, I believe, is higher. Thirty-two hours of higher quality work is better than 40 hours of lower quality work.” To acknowledge the success of businesses that have adopted the shorter working week in our own society, such as the Treehouse Company, is to take steps toward establishing a higher and healthier precedent that all of America’s current and future employers can follow. It is with these examples that the Magna Carta of the weekly working period can be rewritten to support an increase in flexibility, accessibility, and
Trying to maintain positive employee morale is a constant struggle for many organizations. People struggle with day to day life responsibilities. Many people have different personal and family obligations. Most organizations do not have time and schedule flexibility which becomes overwhelming for some employees. Employees can face setbacks or roadblocks due to lack of flexibility within an organization that can create poor attendance and work performance. These issues create many difficulties for an organization. Flextime benefits have shown to be both beneficial to the employee and organization. The concept of flextime is timely, important, and also controversial within the human management field. Utilizing flextime is a current human resource challenge. Flextime has both positives and negatives which will be further discussed below.
In my personal opinion, I do not see any disadvantage with PTO. Unless employees misuse this enhanced flexibility! Because PTO days are not differentiated, employees who take fewer sick days have more time for vacation, thus encouraging healthy behavior (Korotin, 2011). PTO does not promise results if employees do not follow ethical standards and use this new policy in a fair manner. Employees may still continue to give last minute notices to the employer for days off and may even not plan for the vacation days in advance. In the reading, the organization has prior information for the seven vacation days. In the new policy, the flexibility given to the employees to use the twelve paid off days as per individual needs and preference can even
In the workplace, time management is an important factor in everyone’s day-to-day work. If a person’s time is well managed, it is possible to achieve a greater amount in a shorter space of time. How effectively people manage their time has a major influence on aspects of their working lives and their personal lives. Effective time management can have a hugely positive effect on a person, it can lead to a focused and disciplined mentality, giving a higher level of productivity, greater efficiency and an all round positive attitude in life. This benefits the individual, their team, the company they work for and also their friends and family. An example of this is an employee who prioritises their jobs at the start of the day; this gives them a structured day and ensures they have time to complete all of the important jobs. However, if time is poorly managed it can lead to inefficiencies, work overload and added pressure, this could eventually lead on to other issues such as stress.
These hours will be added to the employees paid time off account and will be subtracted from this account when used. Part-time employees are not eligible for paid time off.
This means productivity will not suffer when staff are absent from work (Bryson and Scurry, 2010). This could be employing people on temporary or fixed-term contracts. Maternity leave is a good example of when one of these contracts will be used. A fixed-term contract will normally be given to an employee covering for someone on maternity leave as there as a confirmed start and end date. GOV.UK (2015) explain that the person on maternity leave also has the right to return to work so a permanent contract for someone covering for them would not be appropriate in this case. They also say that if the person on maternity leave makes any changes to the time when they are due to return to work they have to give the employer 8 weeks’ notice. This gives the employer time to renew contracts with covering employees or let them go depending on whether the employee on maternity leave is returning early or extending their leave period. Another very common example of numerical flexibility covering absence is when an employee is absent due to
Just as Jared Sandburg wrote in his article many people make up excuses for days off. Holding the power to leave at any time gives company owners a safety net to fall back on if a problem occurs. As the owner they do not have to make up some cheesy excuse why they cant come to work. For most not every time they take off work is for a good reason. Whether it is a good reason or not they hold the power to change work hours so they accommodate for however long they need to so that the problem can be tended to, or just for a day to relax . Whether that problem be a family issue that could range from a death of a family member to a sick child. No matter how serious or how unserious the problem may be the owner gets to decide the hours of operation. He may choose to change the hours of operation for only himself or for the company in its
Benefits, such as paid time off (PTO), are financial rewards that organizations “offer in exchange for employee contributions” (Cascio, 2013, p. 422). Hourly employees of many organizations earn PTO based on the number of hours that they work. My previous employer utilized this type of PTO system. The employees of our department greatly depended on our administrative assistant, to not only complete routine tasks, but we also expected her to be readily available to assist with any immediate needs. The administrative assistant was an hourly employee that used her PTO on a weekly basis. From an HR perspective, according to the number of hours she worked every week, she earned that time off; however, the time she spent at work was not utilized
...alance initiatives that may assist employees to better balance their work and family responsibilities, gain improvements in well-being and provide organizational benefits. There are a large variety of family friendly policies which include but are not limited to the following: flexible working hours, job sharing, part-time work, compressed work weeks, parental leave, telecommuting, on-site child care facility. In addition, employers may provide a range of benefits related to employees’ health and well-being, including prolonged health insurance for the employee and dependents, personal days, and access to programs or services to encourage fitness and physical and mental health. Still, other practices might support children’s education, employees’ participation in volunteer work, or facilitate phased retirement. Some of the work-life practices are discussed in brief:
Long working hours continue to be one of the largest health concerns in the world. Currently, the world population has become so busy due to the pressure from harsh economic conditions. People are therefore spending long working hours in the workplace, which is an aspect that has negative impact on their health conditions. Statistics from Working Condition Survey indicates that approximately 30% of workers residing in European Union believe that their health is at risk due to the hours they spent in the workplace (Gurung, 2010:16)
To protect the worker’s mental health is first reason for opposing the out-of-office work. Today, the workers take more than 8 hours a day in the office. Some workers do not work only in the working hour, but they also work overtime to finish their project in that day before getting another work tomorrow. It seems the workers tend to have too much stress. If workers have to deal with overloaded work every day, in the long run it would ...