Paid-Time-Off Banking System Gives Employees Flexibility
According to a 2010 WorldatWork survey on paid time off, "40% of employers offer a PTO bank-type system in which paid vacation, sick, personal leave, etc. is combined into one category of available time off that the employee manages within certain employer guidelines."
WorldatWork. (2010). Paid time off programs and practices. Scottsdale, AZ: WorldatWork. Retrieved from www.worldatwork.org.