Imagine working for the same company for more than a decade. You've never been one to take long vacations, and your paid time off (PTO) balance has quietly climbed to more than 1,000 hours. Then your ...
As a staff writer for Forbes Advisor, SMB, Kristy helps small business owners find the tools they need to keep their businesses running. She uses the experience of managing her own writing and editing ...
In an issue of first impression, the U.S. Court of Appeals for the Third Circuit held that paid time off (“PTO”) is not a form of salary under the Fair Labor Standards Act (“FLSA”) and, therefore, ...
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Paid Time Off: The New Workplace Battle
Paid time off (PTO) has become a significant topic in today’s workplaces. What was once a perk has now turned into a standard expectation, but challenges remain. While some companies are innovating ...
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How much vacation time are American workers actually taking?
The FlexJobs Work and PTO Pressure Report found that nearly one-quarter (23%) of U.S. workers didn’t take a single vacation ...
Unlimited PTO, or paid time off, is a topic that has been gaining popularity in recent years, especially among tech companies and startups. While some employees may see it as a dream come true, others ...
Employees are leaving their paid time off on the table — and it’s becoming a major drain on a company’s morale and bottom line. In 2020, 92% of employees say they left their vacation time unused, ...
Linda Bond Edwards is of counsel with RumbergerKirk and represents employers in the private and public sectors in matters involving employment and labor issues. She can be reached at [email protected] ...
CLEVELAND, Ohio — When Cleveland Clinic employees receive a raise or promotion, the hospital system reduces their banked hours of paid time off. You read that correctly. Every time a Cleveland Clinic ...
That’s a problem for which Visit St. Pete-Clearwater, Fla., a regional tourism marketing and management organization, has a ...
Between work projects, holidays and losing track of time in general, the end of the year springs up quickly if one isn't paying close attention. For businesses especially, the year’s end is a time ...
Billionaire CEOs, like Jensen Huang and Elon Musk, proudly embrace not taking a day off of work. However, not taking PTO may do more harm than good for business, according to Bill Cassidy, CEO of ...
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