Paid time off (PTO) refers to a policy or arrangement in which employees are granted a certain amount of time off from work while still receiving their regular compensation. It is a benefit many employers provide as part of their overall employee compensation package.
Paid time off typically includes various types of leave, such as vacation days, personal days, and sick leave. The specific policies and the amount of PTO granted can vary between employers and may depend on factors such as length of employment, job position, or company policies.
Here are some of the advantages of paid time off:
Here are some of the disadvantages of paid time off: