${Title}

Join Now

Leave Policy

Paid Time Off (PTO) Policy

This document can be used as a template for Paid Time Off Policy (PTO) for the company's internal use. The PTO policy combines annual leave, sick leave, and other personal leave into a single pool of days for employees to use when they take paid time off from work. 

How to Tailor the Document for Your Need?


01

Create Document

Click "Create Document" button and the document will be prepared with your account details automatically filled in.

02

Fill Information

Please fill in any additional information by following the step-by-step guide on the left hand side of the preview document and click the "Next" button.

03

Get Document

When you are done, click the "Get Document" button and you can download the document in Word or PDF format.

04

Review Document

Please review the document carefully and make any final modifications to ensure that the details are correct before publication / distribution.

Document Preview


Document Description

This document can be used as a template for Paid Time Off Policy for the company's internal use. The PTO policy combines annual leave, sick leave, and other personal leave into a single pool of days for employees to use when they take paid time off from work. 

The PTO policy set out the rules and procedures for employees to take paid time off whereby the company sanctions a pool of paid leaves for its employees. It creates a pool of days that an employee may use at his or her discretion for any reason - illness, parental, marriage, bereavement, vacation, study, etc.

PTO gives more discretion for the employee to take time off from work and be paid for those leave. PTO generally increases with the years of service the employee has with the company and gets accrued whilst the employee works.

How to Use the Document? 

The document should be used by the Company's senior management when drafting Paid Time Off Policy. If the PTO policy is to replace the existing leave policy, the Company should notify its employees whenever this policy undergoes major changes.

Be certain to consult your employees first, since they may not react favourably to the new policy. Please carefully consider the consequences of adopting the PTO policy and make every effort to fully inform employees of the changes before going forward. Your goal is to make your employees not lose out from the start of the new PTO policy. 

 

Related Documents