Usually by the fall, employees have used much of their paid time off (PTO) on spring and summer trips.
But with hardly anywhere to go during the COVID-19 pandemic, unused vacation days have piled up at many companies – a phenomenon called PTO hoarding.
Should you encourage employees to take PTO? Depending on your PTO policy, those leftover days will either be:
LostRolled overPaid out
By considering the impact on both your employees and your business, you can develop a strategy to address a surplus of unused vacation days that puts everyone in the best position in the