When it comes to employee benefits, paid time off (PTO) is one of the most significant and impactful components of a package. Choosing the correct balance for this benefit is crucial, since employees often become dissatisfied and leave if they feel they might have a better work-life balance elsewhere.
In this survey report, we explore statistics that describe the amount of paid leave that companies allot to their employees and the systems in place for managing the accrual and use of paid leave. An employer can use this data to determine how the paid leave at their company compares to competitors and identify if the systems they follow need adjustment.
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Brightmine
With more than 10,000 customers, Brightmine is a leading global provider of people data, analytics and insight – empowering HR leaders to deliver brighter business outcomes.
For more than two decades, Brightmine, formerly XpertHR, has continued to help HR leaders confidently navigate the evolving world of work through our unique combination of critical workforce data, AI-enabled technology, and trusted HR expertise.
Brightmine is a division of LexisNexis Data Services within RELX®, a global provider of information-based analytics and decision tools. RELX serves customers in 180+ countries with 35,000+ employees. Ticker: London: REL; Amsterdam: REN; New York: RELX.