Unlimited PTO: Is It Right For Your Company And Your Employees? | IT Recruitment Company South Florida

Here at Sloane Staffing, an IT Recruitment company in South Florida, we work with a lot of companies on the smaller size (around 50 employees) that don’t always have established HR teams. We get a lot of questions from CEO’s and owners of companies about establishing the best health insurance and benefits possible for their employees. One question we hear all the time is “What is unlimited paid time off, and is it right for my employees?” First, let’s define the term “unlimited PTO.” Just as the name suggests, an unlimited PTO policy is a vacation policy in which employees are not given a predetermined number of days off. Employees can take as many vacation, sick, personal, or mental health days as they need, so long as their manager approves their time off. While unlimited PTO can act as a strong recruiting tool, it’s up to the business owner to decide if offering this to their employees makes sense for their business. A lot of times, unlimited PTO can be a good thing - it can act as a retention tool to retain those top employees you don’t want to lose. There’s also no rush to take unused vacation days at the end of the year, so you won’t have any empty office come December 12th. The policy can also be easily abused. If an employee chooses to abuse the unlimited PTO policy, you might have a hard time terminating them for being absent because they are allowed that time off. It’s up to you to decide what works best for your business. If you have any questions about this, don’t hesitate to contact us at 561-512-8989.