The decision to implement a PTO plan vs. traditional vacation and sick leave is often not an easy one. Not only does your choice have an impact on your employees, but there are other operational, accounting, and compliance ramifications as well. In this session, we'll discuss the pros and cons of both , as well as the practical implications on daily HR practices including FMLA, disability leaves, payroll systems, and accounting issues. And in the aftermath of COVID and the numerous supplemental paid time off laws that have been passed, HR is taking an even harder and new look at this distinction.
We'll also visit the complications that can arise in states whose wage and hour laws have an impact on how plan accruals and payouts work. In this interactive and informative session, we'll help show you what makes a good PTO plan and where are the potential downfalls.
Come away better equipped to decide which method is best for your company given the complex and ever changing employment law landscape.
Learning Objectives:
In-person session offerings are on a first-come, first-served basis.