For years, the trend was paid time off (PTO): one bank of time that combines vacation and sick leave. Now mandatory paid sick leave laws are leading many organizations to consider moving back to separate sick and vacation plans.
This 75-minute webinar on PTO vs sick and vacation leave covers both transitions. Switching to PTO has its complications, but good planning and communication make it work. Going the other way may make sense because many states require payout of unused PTO at termination but not unused sick leave.
You'll review state and municipal paid sick leave laws, pending legislation, requirements for federal and municipal contractors, a comparison of the two approaches, and a cost-benefit analysis for each.
WHY SHOULD YOU ATTEND?
Paid sick leave legislation means time-off policies have to change. Multi-state employers face different rules in each state and municipality on accrual and permitted uses, and leave abuse is a real concern under mandatory sick leave. Compliance is manageable once you know the rules.
This session suits HR professionals, payroll administrators, benefits professionals and business managers.
AREA COVERED
- Mandatory paid sick leave laws now in place
- A review of pending legislation
- Paid sick leave requirements for federal and municipal contractors
- Comparing PTO policies with sick/vacation plans
- Conducting a cost-benefit analysis of both plans
- Planning for changes
- Communicating the changes
- Action items for participants
LEARNING OBJECTIVES
- Explain how mandatory sick leave trends affect your organization
- Build a plan to comply with mandatory sick leave laws
- Run a cost analysis to choose the right type of plan
- Keep time-off benefits consistent across different locations
- Develop and communicate changes to time-off policies
- Address the risk of leave abuse under mandatory sick leave
WHO WILL BENEFIT?
- Human Resources professionals
- Payroll administrators
- Benefits professionals
- Business managers
Paid sick leave legislation means time-off policies have to change. Multi-state employers face different rules in each state and municipality on accrual and permitted uses, and leave abuse is a real concern under mandatory sick leave. Compliance is manageable once you know the rules.
This session suits HR professionals, payroll administrators, benefits professionals and business managers.
- Mandatory paid sick leave laws now in place
- A review of pending legislation
- Paid sick leave requirements for federal and municipal contractors
- Comparing PTO policies with sick/vacation plans
- Conducting a cost-benefit analysis of both plans
- Planning for changes
- Communicating the changes
- Action items for participants
- Explain how mandatory sick leave trends affect your organization
- Build a plan to comply with mandatory sick leave laws
- Run a cost analysis to choose the right type of plan
- Keep time-off benefits consistent across different locations
- Develop and communicate changes to time-off policies
- Address the risk of leave abuse under mandatory sick leave
- Human Resources professionals
- Payroll administrators
- Benefits professionals
- Business managers