Do You Accrue PTO While On PTO? It Depends
Whether or not you accrue PTO while on PTO depends entirely on how your company has set up its PTO system. Here’s a dirty little secret: most companies probably don’t even know the answer to …
Should You Offer PTO Cash Outs? We Don’t
Some companies give employees the option to cash out PTO when it accumulates to a certain number of hours. So if an employee maxes out their PTO at 400 hours and they get paid $40/hour, …
Why You Should NOT Track PTO in Excel
If you’re good with spreadsheets and love saving money whenever you can, the idea of tracking PTO in Excel is probably appealing. Especially if you’re a small or new company with few employees. You get …
The 4 Best Compensation Benchmarking Tools (I Got Hands On)
Hoping to get your salaries under control? Want to make sure you’re offering fair wages without spending too much? Benchmarking tools will tell you how much you need to pay… sort of. We recently did …
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5 Places Compensation Analysis Cuts Costs and Grows Revenue
Compensation analysis saves vast amounts of money for companies over the long term. I get why businesses put this off, especially in the early days. I’ve been at startups where titles were loose, raises were …
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The Ugly Truth of Compensation Benchmarking: Off by 10%
We’re told compensation benchmarking will solve one of the biggest problems in every business: paying people fairly while keeping the overall costs under control. And we’ve all heard the rules at this point: It’s a …
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The PTO Laws You Must Follow in Georgia
Currently, no Georgia PTO laws exist that mandate paid sick leave, vacation, or other forms of leave. Still, the Georgia Family Care Act, legislation that had previously been temporary in Georgia, was signed into law …
The PTO Payout Laws You Must Follow in Every State
It would be nice if there was a uniform PTO payout law that each state followed, but that’s not the case. It’s not even close to the case. Some states count PTO as wages and …
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How Much PTO Accrual to Offer and the One Mistake To Avoid
With a PTO accrual system, employees accumulate PTO hours over time as they put in work for your company. Unlike a lump-sum PTO model, employees earn days or hours of PTO at a rate specified …
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PTO Accrual vs Lump Sum: What Should You Offer?
A PTO accrual policy is better than a lump sum policy, hands down. Okay, okay, if you really want to do a lump sum policy, you can make it work. But there are so many …