{"id":99853,"date":"2023-04-20T23:43:11","date_gmt":"2023-04-20T21:43:11","guid":{"rendered":"https:\/\/factorialhr.com\/blog\/?p=99853"},"modified":"2025-03-18T14:09:28","modified_gmt":"2025-03-18T12:09:28","slug":"pto-benefits","status":"publish","type":"post","link":"https:\/\/factorialhr.com\/blog\/pto-benefits\/","title":{"rendered":"Key PTO benefits for employers & employees"},"content":{"rendered":"

Although pay transparency and equality should be a top priority for employers, having a satisfied and healthy team takes more than just a high salary. In fact, many employees consider work-life balance and adequate PTO benefits to be top priorities.<\/span><\/p>\n

According to a recent <\/span>Forbes article<\/span><\/a>, <\/span>28 million employees in the United States go without paid time off benefits<\/b>, even though <\/span>roughly a third of employees<\/b> regard mandatory PTO as a top benefit.\u00a0<\/b><\/p>\n

In this article, we\u2019ll discuss why paid time off is such an important aspect of your company\u2019s compensation and benefits package. Then, we\u2019ll look at some of the specific ways that employers and employees stand to gain from a PTO benefits program. Lastly, we\u2019ll discuss the amounts of PTO that companies typically offer and the best ways to reduce the costs associated with PTO benefits.\u00a0<\/span><\/p>\n

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Table of Contents<\/p>\n