Pre-PS: I'd love to hear your thoughts on this post -- please click on 'comments' below after you've read it.
Dear HR Executive:
At our latest executive meeting we expected to have a five-minute debate about whether we should convert to paid-time-off (PTO) banks rather than give employees vacation plus sick days. An hour later we were still arguing about it.
For those of you not familiar with PTOs, it simply means that instead of giving someone 10 vacation days and 6 sick days, you just give them a 16 personal days. Here are some of the arguments we came up with:
- Administratively, it's easier because you don't have to count vacation and sick days separately
- You eliminate the phony sick calls -- "Sorry .. cough, cough ... I won't be in today."
- People are less likely to call in sick unless they really are (because they won't want to sacrifice a vacation day), which means you're less likely to get stuck shorthanded
- People will tend to come in when they're sick, infecting everyone else
- Some people won't like not having "sick" days; they'll resent having to use a "vacation" day when they're bedridden
- Some employees will use up their entire bank for vacation early in the year and have no days left over for a real illness.
After an hour's discussion, we were still undecided. Help us, and your colleagues, by telling us your experiences -- the good, the bad and the ugly -- with PTO banks. Just click on "comments" below and share your response.