The Changing Face of Paid-Time-Off

Share on LinkedIn Share on Facebook Share on Twitter Share on Google Plus Share this Page

unlimited vacation paid sick leave The Changing Face of Paid-Time-Off

With a lot of attention around employee benefits focused around the 2014 ACA’s employer mandate, another major evolving trend in employee benefits, i.e. paid time off, has been largely overlooked in comparison to the healthcare law. However, two primary topics within the realm of paid time off have made considerable, if not short lived, splashes in the news media over the course of 2014.

Unlimited Vacation Time

Of course there was Virgin’s big announcement about its new “unlimited vacation time” policy. Although Virgin is certainly not the first large company to implement such a policy, the public nature of this particular announcement triggered much discussion in the world of HR about the impact of an “unlimited” policy for both the employer and the employee. Several others, most notably The LA Times, followed suit in 2014, again with mixed reactions.
Read this article...