PTO Explained
PTO or Paid Time Off is a system of allocating time off benefits under a single type. Instead of having a program that incorporates different leave types such as Vacation, Sick Time or Personal Time there is a single type called PTO that an employee can use at their discretion. For example, in a traditional program an employee might get 10 vacation days, 5 sick days and 3 personal days. In a combined PTO program, the employee would get 18 days that could be used for vacation, sick or personal.
