Reading Time: 13 minutesIntroduction: “Some of your best ideas come when you’re on vacation.” – Gautam Singhania, CEO, Raymonds Group Generous leave policies are a valuable asset for businesses of all sizes. Studies have shown that employees with … Read more
PTO
Reading Time: 4 minutesTime tracking, vacation tracking, and PTO (paid time off) are related concepts. Here is a brief overview of each one: Time tracking is the process of tracking how employees spend their time. This is for … Read more
Reading Time: 4 minutesThe HR department is typically responsible for managing employees leaves across different categories and creating accrual policies. Accrual policies vary for each employees and depends on the factors such as years of service of the … Read more
Reading Time: 5 minutesAll companies have a paid time off policy that includes vacation days, sick days, personal reasons, and casual purposes. In addition, each employee is given a specific amount of paid time off based on their … Read more
Reading Time: 7 minutesThis article addresses why employees should be given paid time off for personal purposes and how tracking those is essential. But, unfortunately many businesses end up losing money as they don’t track and calculate the … Read more