Does you workplace culture encourage employees to “work too
much”? With only a few business days
left, the end of the year is rapidly approaching. Have your employees used all of their allowed
time off? In most cases, their PTO will
rollover to the next year. However, at
some companies, an employee has time that is also known as “Use It or Lose It”
time.
Use It or Lose It
If the employee fails to make use of this time by December
31st, they do not get to take it with them into the next year. If they do not use this time, it disappears
off of the books. Depending on state
law, they may not get anything for not using it.
If the business can accommodate it, managers may want to
encourage their workers to make use of these days now. While it is understandable that there may be
deadlines approaching, consider that supporting an employee’s use of their PTO
can improve productivity, reduce workplace tension, improve the mental health
of your employees, and aid retention.
It is the holidays; consider allowing your employees to
unwind a little now and they will come back refreshed and ready to work.
And remember all of you
Human Resources professionals: Be
Human... Be a Resource... Be a Resource
for Humans.
Disclaimer: The views
expressed in this post are by the author Trevor Stasik, and do not necessarily
reflect the views of any employer or any other organization. Please note, this
information is based on my understanding and is only to be used for
informational and educational purposes.
Do not take what I am writing as advice.
Seek your own legal counsel and/or see a tax accountant before making
business or personal decisions. The
author of this post makes no representations as to the accuracy or completeness
of any information on this site or found by following any link on this site.
The owner will not be liable for any errors or omissions in this information
nor for the availability of this information. The owner will not be liable for
any losses, injuries, or damages from the display or use of this information.
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