But we have unlimited time off! Why would anyone not want to join a company with such a progressive time off schedule? Asked founder Sanjeev. 

Two reasons, One PTO is a perk not a reason for joining a company. People will join and stay at your company when they believe in your vision and experience professional growth. 

And Two, your company is a start up. No one is going to believe that with the aggressive production cycles that they can just take off and take advantage of this policy. 

Our guest today: Adam Gordon & Ulises Orozco, Co-Founders of PTO Genius

With over 30 years of HR tech experience and a focus on employee benefits and leave management.

Adam & Ulises are serial entrepreneurs who founded PTO Genius to help companies increase job satisfaction, attract/retain top talent and lower payroll liability by re-imagining what employees can do with paid time off.

Today we discuss:

• The pros & cons of Paid time off structures

Challenge today with Paid Time Off?

Potential liability for the company because it creates an environment where not self managed, managed like a traditional policy. Too dependent on the individual manager approval.

• Using unlimited as a marketing tool. But there really is no unlimited

Why is this important to the company?

• Culture

• Trust

• Avoid the management 

Rick’s Nuggets

• PTO is not a reason why people join your organization

How do we do implement the right PTO policy?

Questions to Ask First: Can we trust our employees? Do I want to give managers the authority to manage when people are away?

• Starts with leadership and how you value the employee

Start with the right culture. Most startups should start with a traditional PTO model

• Better to keep yourself out of a legal liability. 

If you want to implement an unlimited PTO policy

• Ask yourself if you are really built for it?

• Define non starters- set up bumpers

• Creative time off incentives

• Set up a calendar where people know when people are off

Rick’s Nuggets

• Look at your company values and align your PTO policy with that which aligns with your leadership style

Key Takeaways:

• Unlimited policy- do you meet the above criteria. Is it truly self directed?

Guest Contacts:

Website: PTO Genius

Email: [email protected]

LinkedIn: Adam Gordon or Ulises Orozco

Twitter: Adam Gordon or Ulises Orozco