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Paid time off, planned time off, or personal time off (PTO), is a policy in some employee handbooks that provides a bank of hours in which the employer pools sick days, vacation days, and personal days that allows employees to use as the need or desire arises.
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No description. Template parameters [Edit template data] This template has custom formatting. Parameter Description Type Status type type Type of holiday Default e.g. secular, national, international, cultural, historic, ethnic, patriotic, default, asian, judaism, shinto, islam, christian, commercial Example international String required holiday_name holiday_name Usually the same as the page ...
Many employers will offer more than 20 days of paid annual leave in addition to the recognised bank holidays. Paid time off can increase with years of service. For example, an employee might accrue one extra day for every 5 years of service up to a maximum of 30 days paid leave, exclusive of bank holidays.
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