Description
Understand the ins and outs of an unlimited vacation policy and decide whether one will work for your organization.There is an increasing trend among employers to offer unlimited vacation time or unlimited paid time off for their exempt employees. Despite the appeal of these policies, there are many pros and cons an employer should consider before adopting such a policy. This course will explore both the advantages and disadvantages of an unlimited vacation or paid time off policy, including the issue of whether and when unlimited vacation or paid time off accrues under state law. Finally, this course will also provide best practices for an employer to draft an unlimited vacation or paid time off policy.
Date: 2022-05-17 Start Time: End Time:
Learning Objectives
Vacation and Paid Time Off Policies
• Overview of Federal and State Law Addressing Vacation and Paid Time Off
• What Is an Unlimited Vacation or PTO Policy?
• Advantages and Disadvantages of an Unlimited Vacation or PTO Policy
Federal Law Issues
• Fair Labor Standards Act (FLSA)
• Family and Medical Leave Act (FMLA)
• Uniformed Services Employment and Reemployment Rights Act (USERRA)
State Law Issues
• Accrued Vacation/PTO Time, Payout of Vacation/PTO Upon Separation of Employment, and Related Issues
• Recent Court Opinions Regarding Unlimited Vacation/PTO Time
Best Practices
• Determining Whether an Unlimited Vacation or PTO Policy Is the Right Fit for Your Company
• What to Consider When Switching to an Unlimited Policy, Including Best Practices for a Written Policy
CLE (Please check the Detailed Credit Information page for states that have already been approved) ,HR Certification Institute ,SHRM ,Additional credit may be available upon request. Contact Lorman at 866-352-9540 for further information.
Stephanie M. Dinkel, Esq.-Koehler | Dinkel LLC
