Paid Time Off (PTO)

Paid Time Off (PTO) is a type of employee benefit that provides employees with a set number of paid days off from work for various reasons, such as vacation, personal time, or illness. PTO typically combines different forms of leave, including vacation days, sick days, and personal days, into a single pool of hours or days that employees can use as needed. The amount of PTO an employee accrues is often based on factors such as length of service or company policies. PTO is intended to give employees flexibility and time to rest, recharge, or attend to personal matters without losing income.