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What You Need to Know About PTO in 2018

2018 is one of those unfortunate years where Independence Day falls on a Wednesday. Is there anything sadder? While most of us stayed local to enjoy the fireworks in our own neighborhood, here are some reasons why you might want to consider finally using your PTO in 2018.

Project Time Off has some shocking statistics on the State of American Vacation in 2018.

52% of Americans left vacation days unused in 2017, resulting in over $255 billion lost in total spending.

The good news? This number is up from 54% in 2016, which is estimated to produce 217,200 jobs and boost the American economy by $30.7 billion. It’s great to see this number going up and there are many ways we can still improve.

24% of Americans haven’t taken a vacation in over a year.

Many employees don’t take time off because they fear the impact this has on their appearance at work – 61% saying they would appear less dedicated or replaceable. Others feel their workload is too heavy (57%) or that no one else could do their job while they’re out (56%).

While 84% of employees believe it’s important to use vacation days to travel, only 47% actually do so.

While more employees are taking a vacation compared to 2016, this might not necessarily mean they’re taking time to truly disconnect and recharge. Employees who travel report a higher chance of receiving a raise, bonus or both compared to those who don’t (86% compared to 81%).

How can you encourage employees to take advantage of their PTO?

1. Set an example.
We have a very flexible PTO policy here at PerkSpot. There is no limit to the number of days as long as you get proper approvals. While many offices have reported the idea of “unlimited” vacation days unsuccessful, it works for us. Employees are often seen roaming the streets of Cancun or spending time away with family. The reason it works for us is that it starts from the top down. Our CEO recently went away to recharge in the mountains of North Carolina. By setting an example for all of us on the importance of getting time away, we all feel more comfortable and empowered when it comes to taking the time ourselves.

2. Create a backup plan.
We are a small team at PerkSpot. With less than 40 employees, it can be hard to get away and not feel like you’re leaving a hole in your team. Recently, however, we’ve been finding ways to cross-train within our departments so everyone can have the freedom to truly get away and unplug. This has huge benefits not only to using PTO but also protects our office in the case of emergency or when an employee might decide to move on.

3. Make it part of your culture.
PerkSpotters love to travel and are constantly sharing photos of their recent adventures. It’s a fun way to encourage employees to get out and see the world. By embracing this shared interest and pushing others to pursue these opportunities, we’ve fostered a culture that values time off and flexibility.

These are just a few ways you can encourage employees to take PTO. Whatever you do, make sure you’re empowering employees to take time to recharge. Your bottom line will thank you.

Holiday Office Guide: Vacation Requests

It’s time to deck the halls and prep for those holiday questions that often leave us stumped. From gift exchanges, party etiquette, and PTO, the holidays are full of HR conundrums that leave us wondering, “What Do I Do?!”

Over the next few weeks, we’ll discuss the most common questions surrounding the holidays and how HR can address these issues without (hopefully) stepping on any toes.

Handling Vacation Requests

How should I handle holiday requests? Should we base it on seniority or first come, first served?

handling holiday vacation requests

The holidays are an emotional time and this especially gets tricky when it comes to the coveted week off between Christmas and New Year’s. When planning for holiday vacations, there are a few different ways you can address this.

  • Communicate, communicate, communicate. The most important thing to do when it comes to holidays or PTO is to communicate with plenty of notice. Let people know in advance when they are expected to be in office so they can plan accordingly. Setting expectations are the first step to ensuring everyone is on the same page.
  • Ask employees to submit their PTO preferences, including first and second choices. This is a great way to eliminate all or nothing situations when you need to make tough decisions about who stays in the office.
  • Be a human. As frustrating as this time is, remember: your employees are still real people who probably look forward to this time all year long. Be compassionate, empathetic and understanding when denying requests for PTO and ensure them that you’ve done your best to accommodate them.
  • Bring the holidays to the office. If people are forced to work during this time, make it as enjoyable as possible. Shut down early if you can or allow them to work remotely. When you’re stuck in the office, have someone order snacks, lunch or holiday treats to show your appreciation. A little bit goes a long way.

Are you dealing with a PTO crises? Tell us your stories in the comments!

Introducing the “Pre-Cation”

pre-cation employee perks program perkspot

In the land of start-ups a new trend is emerging called the “Pre-cation”.

If you’ve ever interviewed for a job, chances are one of the questions you were asked throughout the process was, “how soon can you start?”. Most of us jump right in after the obligatory two-weeks notice in our former roles just to fall into the same old trap of limited vacation days and fears of what will happen if we actually do decide to leave the office for a few days.

As a way of dispelling these fears companies like Atlassian, have taken a fresh approach by offering new hires paid time off before they even work their first day. As they put it,  “This is all in the spirit of our “Build with Heart and Balance” value, in which we encourage all new teammates to start refreshed, recharged, and revitalized so they can bring their A-game when they start work.” Especially if you’ve left a job that was frustrating and draining, this little break could be exactly what you need to start off on the right foot in a new role.

It’s no secret that we struggle to find that perfect balance between work ethic and being a workaholic. By rewarding employees before they even start, the “pre-cation” helps to ensure new they leave the stress behind and start fresh. And what’s more is that by eliminating stress, retention levels are higher which can actually save employers funds they would have otherwise spent on recruitment and development.

Of course, the “pre-cation” is not without its faults. Starting a new job can be stressful in-and-of itself, so many people may find they are unable to relax and clear their minds before jumping into their new position. Not to mention, someone is paying for this time off. Unless you’ve come into a huge round of funding or already manage a very successful business, most companies cannot afford the luxury of giving employees this time off. Many of us are hiring to fill a void and therefore simply cannot afford to wait.

While flexible time-off policies may be trending, it seems the “pre-cation” notion may take some getting used to.

The good news is that you don’t have to offer your employees a “pre-cation” to be a great employer. Start by offering your employees exclusive perks through PerkSpot.