I'm wondering how other companies handle their PTO time......

24 Comments

1. AnonymousSeptember 19,2022 at 8:38PM UTC

   Are you talking about personal business/sick leave or vacation? I look at this as a sort of accounting question.

2. Cindy GloverSeptember 20,2022 at 12:47PM UTC

   PTO which incorporates all of those.

3. AnonymousSeptember 19,2022 at 8:38PM UTC

   My current company - you accrue depending on how long you have been at the company. Rolls over until you hit a max accrual (which also depends on how long you have been at the company).

4. AnonymousSeptember 19,2022 at 8:47PM UTC

   The company I work for has the "unlimited PTO" . It seems to be manager dependent. Certain managers allow lots of time off (multiple 3 week off and more). Others take the tact that you better be available. If not available when something urgent happens that they feel you are taking too much time off (even if it is only a couple days). I know of one manager that recorded the PTO on a spreadsheet at home to avoid tracking (tracking PTO was something managers were not to do according to HR) in order to see potential abuse of the policy.

5. AnonymousSeptember 19,2022 at 9:17PM UTC

   We get 20 days per year (pro-rated if you join after January 1), use or lose.

6. AnonymousSeptember 19,2022 at 9:31PM UTC

   It's been different at each corporation.

   The last did not roll over any unused PTO at the close of the calendar year. Unused time was lost.

7. Crystal HowellSeptember 19,2022 at 10:08PM UTC

   Use it or Lose it, is the norm.

8. Debra SesholtzSeptember 19,2022 at 11:20PM UTC

   In my experience, PTO has been use it or lose it.

9. AnonymousSeptember 19,2022 at 11:22PM UTC

   We are able to rollover the amount we accrue. For example, if I have 4 weeks, then the max I can roll over is 4 weeks. Anything past that, we lose.

10. JJSeptember 20,2022 at 12:49AM UTC

    We have unlimited for salaried employees so no counting, tracking or taking back.

11. Cindy GloverSeptember 20,2022 at 12:52PM UTC

    That is the DREAM!!! Good for you!

12. Cindy GloverSeptember 20,2022 at 12:52PM UTC

    I really appreciate everyones input. This has been driving me insane. For our salaried employees, as most of you mentioned, they really don't fall under any categories because most don't take the time LOL.

    I also like the idea of putting a CAP on what you can roll over - But will present what most everyone said below - Again, thank you ALL for the information!

13. Jenny Cox, PHRSeptember 26,2022 at 12:51PM UTC

    It's also a good idea to check with SHRM. They have tons of free resources so you can see what competing companies in your area are doing, any state regulations, etc.

    https://www.shrm.org

14. AnonymousSeptember 20,2022 at 12:54PM UTC

    We rollover up to one 'year' of earned vacation (if you are eligible for 3 weeks' vacation, you can carry over 3 weeks). We are going to introduce an option to cash out 1 week of time as well, but there are legal implications to this, so if you opt to do it, I strongly suggest you involve an employment lawyer.

15. KatSeptember 20,2022 at 1:38PM UTC

    I can bank up to 20 hours of unused vacation time and/or get a payout of up to 40 hours at the end of the year. Any unused time carries over and must be used by June 30 of the next year. Floating holidays (when a holiday falls on a Saturday) and personal holiday time must used by the end of the year or it's lost. Sick leave is accrued per time period and 20 hours can be banked each year. Those with lots of sick leave and stay long enough can use that sick time to count toward years of service at retirement.

16. AnonymousSeptember 20,2022 at 3:50PM UTC

    As an employee, I would love this option.

17. KatSeptember 20,2022 at 4:32PM UTC

    Then look into working in the public sector. The trade off for the low pay is job security and better benefits. Most of those benefits (like 4 weeks of vacation and accrual of large sick leave balances) won't really come into play until you've worked somewhere for about 10 years, but it's worth looking into.

18. AnonymousSeptember 20,2022 at 1:42PM UTC

    A mix of use it or lose it and roll over to the next year. Half of any left over PTO rolls over up to 40 hours but you lose any of the extra time such as sick time, incidental time, and paid holidays. I work at a large bedding retailer.

19. Carma SchrammSeptember 20,2022 at 3:15PM UTC

    I can tell you what not to do, ha ha! Ours is terrible...

20. AnonymousSeptember 20,2022 at 7:08PM UTC

    I have unlimited PTO and have had it for the last few years with different companies. I honestly feel that this is the way to go going forward (you'd be surprised how unlimited PTO gets a bad wrap; the thought is ppl abuse it but there's a lot of studies that see quite the opposite). Calculating roll-over and unused leave balances seems like a nightmare for everyone involved.

    Even when I left a company with unlimited PTO, and in "good" standing, they "paid me out" for my unlimited PTO. I believe I got like up to 3 weeks pay, in addition to, my last pay check, so that was nice and generous.

21. AnonymousSeptember 20,2022 at 11:06PM UTC

    I have 4 weeks PTO and 6 days if sick and 2 floating holidays. 2 weeks of the PTO may be carried over and the sick and floating holidays reset each year so it's a use it or lose it scenario.

    My PTO will increase to 5 weeks on my 5th anniversary.

22. AnonymousSeptember 21,2022 at 12:42PM UTC

    We roll over with a capped amount , never to exceed X hours - determined by longevity with the compant

23. Lorna Rose, J.D., M.S.September 21,2022 at 12:53PM UTC

    Pay it out at the end of the year. If the employee could’ve taken the time off and been paid for it, then there’s no reason not to pay them for showing up to work instead. Plus, people usually need extra money at the year’s end more than they need hypothetical time off the following year.

24. AnonymousSeptember 22,2022 at 1:38AM UTC

    Time off is healthy, so don't do something that will result in people slavishly working while tired and burned out. How about allowing people to transfer up to xx number of hours toward an extended leave bank that everyone can use if something catastrophic happens.