Sunday, December 23, 2012

Use It or Lose It

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.

View Trevor Stasik's profile on LinkedIn
Post a Comment