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, […]
Should You Offer PTO Cash Outs? We Don’t Read More
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
Why You Should NOT Track PTO in Excel Read More
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
The 4 Best Compensation Benchmarking Tools (I Got Hands On) Read More
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
5 Places Compensation Analysis Cuts Costs and Grows Revenue Read More
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
The Ugly Truth of Compensation Benchmarking: Off by 10% Read More
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
How Much PTO Accrual to Offer and the One Mistake To Avoid Read More
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
PTO Accrual vs Lump Sum: What Should You Offer? Read More
Giving your employees paid time off (PTO) is essential to the well-being of your company. Having a clear-cut break from work boosts mental health, reduces the risk of developing heart disease, and increases productivity. Who
How to Pick the Right PTO Reset Options Read More
California does not require employers to pay employees vacation time. However, California PTO laws do govern employee sick time. Most California employees are entitled to at least 24 hours or three days of paid sick
The PTO Laws You Must Follow in California Read More
Paid time off laws vary significantly by state. While some states require employers only to comply with federal leave laws, others have additional requirements for employers to pay sick or parental leave. Whether your company
The Critical PTO Laws for Every State Read More
