Vacation is important. It helps re-energize and refresh workers so that they return with higher morale, which translates into higher productivity and profits. The United States has fewer regulations around paid time off than many developed countries. But there are still state laws to keep in mind, as well as social norms.
If you’re looking to hire talent in a competitive manner, offering a fair package with paid leave for both leisure, illness, parental leave, and everything in between will offer you a competitive advantage and help your employees feel appreciated.
Without further ado, here are Justworks’ highlighted articles on vacation policies, competitive perks, and even specific state laws that may apply to you.
Vacation as a Perk
Cultural diversity in the workplace is a bastion for creativity. Our friends at CultureIQ outline the steps to create and maintain that environment — including perks like flexible work options or a paid relocation package.
Have you thought about offering summer hours to your team? This blog talks about the potential benefits of summer Fridays as an inexpensive and morale-building perk. It also outlines different types of Summer Fridays you could offer, such as extra hours during the week for time off on Friday, every other Friday off, or a half day.
Download your toolkit for hundreds of ideas to make your employees happy.
Parental and Paid Sick Leave
Studies have shown that workplaces without paid parental leave suffer, with higher turnover costs and lower employee retention. Paid maternity leave is important, but only the beginning of a family-friendly policy. This post walks you through how to support working parents and win the best talent.
Note: Be sure to check with your local state laws’ regulations before setting paid time off policies to make sure you're compliant.
Switching to unlimited vacation policies is a popular trend among startups and small businesses. But you should continue to track paid time off too — even if the offer is unlimited. This blog post overviews why tracking is important, how to encourage people to take time off and boost productivity in your company, and how to prevent unforeseen problems when a team member steps out for a period of time.
This material has been prepared for informational purposes only, and is not intended to provide, and should not be relied on for, legal or tax advice. If you have any legal or tax questions regarding this content or related issues, then you should consult with your professional legal or tax advisor.