As summer approaches, employees are starting to plan their summer beach trips and weekend getaways. But while summer is a popular time for travel, time off policies are important all year long – especially for employers. Generous time off, or PTO, is one of the main benefits applicants look for when evaluating job opportunities. In our recent employee retention study, 31.8 percent of employees cited flex time and remote work was their most desired perk. A Monster study of job applicants found vacation time was second in importance only to healthcare. Which is probably why more employers are adopting unlimited PTO policies, or expanding their current plans.
To get an idea of how employees use their vacation days (and perhaps why PTO is so important), HR software provider Namely recently analyzed the 47,000 time of requests made on their platform during 2014. Unsurprisingly? Friday was the most popular day of the week to request off, making up 27 percent of all requested time. Check out their infographic below for some less expected insights.
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Paycor’s HR software modernizes every aspect of people management, which saves leaders time and gives them the powerful analytics they need to build winning teams. Paycor provides a full suite of HCM solutions with a single source of truth for employee data, so users never have to switch platforms, log-in to multiple systems, re-key data or open multiple spreadsheets. Everyday processes become simplified, allowing organizations to focus on their most important work.
GoCo is modern HR, benefits, and payroll, built for flexibility and ease-of-use in mind. Manage records, performance, time off, onboarding, benefits, and more all in one place. GoCo is a secure, compliant hub for sending, digitally signing, and organizing your sensitive HR documents and data. Unlike other HRIS platforms, GoCo is built to be flexible enough to support existing processes, policies, and providers, so you don't have to change the way you work just to adopt a modern HR system.
Rippling is the first way for businesses to manage all of their HR, IT, and Finance — payroll, benefits, computers, apps, corporate cards, expenses, and more — in one unified workforce platform. By connecting every business system to one source of truth for employee data, businesses can automate all of the manual work they normally need to do to make employee changes.
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