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April 2025 Volume 23, Number 4 | |||||
Is Your Paid Time Off Keeping Candidates Away?Job seekers nowadays have endless options if they're looking to switch jobs. With such a tight labor market, they can afford to be selective. As employers compete for top talent, one aspect increasingly coming under scrutiny is paid time off. Minimal Leave a Major Red Flag According to a recent survey of over 1,000 workers by StandOut CV, the number one red flag for job seekers when looking at a job posting is minimal annual leave. More so than issues like a lack of salary range or an absence of diversity, skimpy PTO allotments are an immediate turn-off. This aligns with data from HR leaders indicating paid leave is considered one of the most vital offerings today, behind only health care benefits.
How Much Time Off Is Average?
Paid vacation, holidays and sick days remain near-universal. According to the 2024 SHRM Employee Benefits Survey, over 95% of employers provide all these types of leave. But how much time off is considered the norm?
Barriers Preventing Use of PTO Unfortunately, simply offering paid time off does not guarantee workers will take it. A 2024 survey unveiled some concerning insights:
With mounting evidence that failing to recharge heightens burnout and attrition risk, cultural roadblocks preventing employees from utilizing earned PTO present a critical obstacle for organizations to address internally. Promoting a Healthy PTO Culture Experts urge a multipronged effort from HR professionals and leadership to nurture a culture where employees feel comfortable taking advantage of paid leave:
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This Just In ... Pay and Benefits Costs See Small Bump Up in Q4 Closing the Savings Gap: Empowering Women for Retirement Higher Confidence Drives Increased 401(k) and HSA Contributions What’s Trending in Employee Benefits? Personalization, Financial Help Is Your Paid Time Off Keeping Candidates Away?
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