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Homework answers / question archive / Some employers combine all paid time off, such as vacation, sick leave, holidays, and personal days, into one large bank of time, typically called paid time off (PTO)
Some employers combine all paid time off, such as vacation, sick leave, holidays, and personal days, into one large bank of time, typically called paid time off (PTO). Discuss your organization's current paid leave program. Does your organization have a PTO bank or several categories of leave accrual? What do you think would be the pros and cons of a PTO bank versus a traditional leave plan, including sick time and vacation?