Benefits: Paid Time Off
Develop a workplace culture that addresses the needs of one of your organization's most important assets, its staff. A competitive benefits package is often one way to recruit, retain, and motivate talented and dedicated workers.
Time off for employees is generally beneficial to both the employees and the employer.
Vacation
Any vacation policy should include procedures that cover requirements for advance notice, eligibility, length (including the number of days that may be taken at one time), and provisions, if any, for vacation days not taken during a given period.
There are other conditions to consider, such as emergency (or compassionate) leave and whether such leave should be granted with or without pay. The policy should address how any unused vacation leave will be handled.
Holidays
When establishing a policy for paid time off, be sure to provide specifics about legal and religious holidays. This section of the policy should outline if employees are paid for holidays and other days on which your office is closed. Additionally, consider what practice to follow if a recognized holiday falls on a non-work day.
Disclaimer
This material was developed for use by State and Local Association Executives. Some of the information may not be applicable to other audiences. This guide is intended to provide accurate and authoritative information with regard to the subject matter covered. Although every effort has been made to ensure the accuracy and completeness of this information, the authors and editors of this guide cannot be responsible for any errors or omissions. This guide is not a substitute for legal or technical advice. Associations that need legal or technical advice should obtain opinions from their own legal or technical advisors.
Consulting Services Available from NAR Human Resources
Fee-based consulting services are available from NAR's Human Resources Department. For more information, contact Donna Garcia, Director Human Resource Services, at dgarcia@realtors.org, (312) 329-8311.
