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PTO: Sunday Morning Question

Originally posted: December 13, 2009 on TrishMcFarlane.com

Paid Time Off.  Most companies offer PTO for various types of things such as vacation, sick time, holidays, jury duty, berevement, etc.  Some offer these days in the form of doling out how many the employee can use for each ,i.e., 18 vacation days, 10 sick days, 1 personal day. Other companies give each employee a total pool of days ,i.e.,  33 PTO days per year, to use how the employee chooses.

Two questions for you:

1.  How does your employer handle paid time off?

2. What are some pros and cons of companies moving to granting the pool of days approach?

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