Traditional and PTO Plans Dominate the Paid Leave Landscape, with Unlimited Plans Trailing Far Behind, According to XpertHR s 2021 Paid Leave Survey
Nearly all traditional plans have paid vacation and paid sick leave, while PTO plans usually have a single paid leave bank.
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NEW PROVIDENCE, N.J., May 5, 2021 /PRNewswire/ Traditional paid leave plans (where all leave is in separate categories) are the most common type of leave plan, with 51% of the 639 employers responding to XpertHR s Paid Leave Survey 2021 indicating they have this type of plan, compared with 41% for paid time off (PTO) plans (where all or most leave is in a single PTO bank), and 4% for unlimited paid leave plans (where all or most leave has no predetermined limits).