BizSugar.com › Employee Benefits › Factors to Consider When Establishing PTO Policies

Few things matter to most employees as much as vacation time, and with good reason — nearly all experts agree that taking some time off can lead to happier, healthier, more productive employees and likewise, careers.
Not only that, but according to Forbes, taking PTO (paid time off) is also better for the health of the economy as a whole. “If workers used all of their available paid time off, the economy [/entity] would benefit from more than $160 billion in total business sales and $21 billion in tax revenues, spending that would support 1.2 million jobs in industries ranging from retail to manufacturing to transportation.”
In spite of the benefits, however, many people are woefully overworked and short on time off. In fact, according to the U.S. Travel Association, “employees rarely use all the time [they are] allotted. Workers, on average, fail to use nearly five vacation days a year.”