Market Areas > Human Resources > PTO Banks

PTO Banks: Reduce Excessive Absenteeism & Lower Attrition Rates

Course Description:

Unscheduled absences cost large companies an estimated $850,000 per year.  That’s an average of $660 in added costs per employee per year. 

Stats also show that 65 percent of employees who fail to show up for work aren’t absent because they’re ill.  In fact, they’re using this unscheduled time off to handle family issues or take care of personal needs.

With the rate of unscheduled absence the highest it’s been since 1999, many employers are turning to paid time off or PTO banks to reduce unscheduled absenteeism.  And although PTO programs seem like a win-win for both employer and employee, they are some drawbacks:

1. They could increase the overall time off employees take.
2. They may require the payout of accrued but unused time.
3. State and federal laws must be considered into your plan.

Join CCM for a practical and comprehensive look at PTO banks.  You’ll learn how a properly implemented program can effectively manage worker absenteeism, decrease attrition rates, and balance employer rights with your employee’s expectations.

In this 75-minute session, you’ll also learn:

• Advantages of a PTO bank system and how to get started
• Basics on how to assess, cost justify, design, communicate, and implement a cost effective PTO program for your company
• In-depth communication strategies to overcome resistance to change and obtain managerial and employee buy-in
• Case studies of other companies’ experiences and how to avoid their mistakes
• Steps you can take to ensure a smooth transition from a traditional time-off plan to the new PTO bank
• How to avoid the most common complaints workers have about PTO banks
• Best practices to handle carryover of unused PTO days
• Techniques to improve record-keeping for accrual, eligibility, and usage
• How to develop strategies to improve your recruitment and retention by offering PTO
• How time-off policies interact with other laws, such as FLSA, FMLA and ADA
• What to do when workers have used up their PTO days and need time off for hardships or emergencies

Featured Faculty:

Debbie Hatke, MA, PHR, Talent Strategy Manager,Senior Human Resources Consultant

Debbie has the combined background of HR and marketing all tied up in one. It is magnificent and she uses it very effectively in sourcing and recruiting talent for clients. Plus, when you’ve got a special project that needs some spark and creativity, based on the backbone of HR – she’s your gal! Debbie’s credentials include:

• Over thirteen years of human resources related experience
• Masters in Labor and Employment Relations from the University of Cincinnati
• Bachelors in Health Administration/Planning from the University of Cincinnati
• Professional Human Resources Certification

Debbie Hatke, MA, PHR is a human resources, strategic planning and market research consultant assisting organizations in the healthcare, services, educational, and non-profit industries with human resources management, marketing communications, data analysis and competitive intelligence. With almost 20 years of corporate and consulting experience, her expertise in the communications arena includes generalized business writing and documentation as well as a wide range of knowledge particularly focused on marketing communications including collateral materials, survey design, newsletters and brochures, report writing, email campaigns and website copy. In addition to her communications skills, Debbie utilizes her human resources, strategic planning and research background to assist clientele with generating, analyzing and presenting the information needed to make sound business decisions.

MONEY-BACK GUARANTEE:

We're so confident you'll get what you want out of this conference that we'll refund every penny if you're not completely satisfied. No questions asked! It's 100% risk-free!

Pricing:

Unable to Attend?  Order the CD!
Your CD recording includes the complete audio conference presentation, audience Q&A and presentation materials.

APPROVED FOR RECERTIFICATION CREDIT:

HRCI - Receive 1.5 recertification credit hours toward PHR and SPHR recertification through the Human Resource Certification Institute (HRCI). For more information about certification or recertification, please visit the HRCI homepage at www.hrci.org.

Each CCM event presents a variety of information and is presented for each organization to develop its own approach and methodology.