The Great Resignation exposed just how outdated most PTO structures really are. In a piece for HR.com, PTO Exchange CEO Rob Whalen argues that rigid, one-size-fits-all paid time off policies are no longer good enough in a labor market where flexibility has become a top priority for workers evaluating where to work.
Whalen points to a striking statistic: American employees leave hundreds of millions of vacation days unused every year, despite PTO being a significant part of their overall compensation. That's not just a missed benefit for employees — it creates real liabilities on employers' balance sheets and contributes to lower morale and higher turnover when workers feel their earned time isn't truly theirs to use.
His conclusion is direct: HR teams that want to retain and attract talent in this environment need to rethink PTO as a flexible, self-directed benefit rather than a static policy line. Read the full piece here: Rethink Paid Leave to Help Counter the Great Resignation.
Learn more today on how PTO Exchange can help your employees access their unused vacation safely and responsibly.