The Reschini Blog: The Pros and Cons of PTO

In the ever-shifting world of people management, the discretion over when time away from the job is justified has long been a source of friction and compromise.  What is vacation?  What is a sick day?  What is an emergency?  And who gets to make those final designations, the employee or the supervisor?

Paid Time Off, or PTO, offers a management strategy designed to alleviate or eliminate those points of possible contention, by changing the nature of the discussion.  Under a PTO system, employees can “bank” a pre-determined number of hours – either by pay period, or by month, or annually – then draw from those hours for whatever purpose they want.

In addition to simplifying the administration of an employee’s time away, PTO treats the employee as an adult capable of managing his or her time responsibly while not needing to worry about justifying the reason to a manager, or offer misleading information about taking a sick day when not actually being sick.  Also, PTO keeps healthy employees from feeling “penalized” for not taking sick days available to them.

Having a PTO system in place also makes a company more attractive to potential employees and increases loyalty among current employees, since time off is treated as a pool of hours, and not segmented into categories.  This means, for example, that unused sick days can be automatically used to take more time for vacation.

Of course, some caution must be taken with plans like PTO.  Managers must watch so that employees do not abuse the system, taking unreasonable stretches of time away that impact the company negatively.  Also, managers must still take responsibility for sending home an ill employee, who would prefer to stockpile time for vacation instead.

But for organizations with a culture that welcomes flexible work schedules, PTO can be a great tool for all involved, as an attractive alternative to traditional vacation and sick time off.

Contact the Benefits team at The Reschini Group to learn more.


Copyright 2021 The Reschini Group

The Reschini Group provides these updates for information only, and does not provide legal advice.  To make decisions regarding insurance matters, please consult directly with a licensed insurance professional or firm.

The Reschini Blog: Cyber Emergency Drills Build Vital Muscle Memory

From days spent in Kindergarten, right up until your most recent fire drill at the office, we have been conditioned to respond to emergencies through repetition.  Walk calmly to the nearest exit, gather in a pre-ordained spot, and account for everyone before notifying first responders of any missing associates.  We have it all down, thanks to muscle memory.

But what about a cyber emergency?  What must be done in that scenario?  Who is responsible for each function?  How do we know we’re being effective?  Those muscles may not have ever been stretched, but it’s imperative that this happen.

Knowing what to do in the event of a cybersecurity incident is vital to protect sensitive and crucial data.  Poorly coordinated responses not only have the potential to increase liability, but also can impact how insurance claims are paid following a breach.

Properly preparing for a cyber emergency includes:

  • Identifying who needs to be on the response team.
  • Describing each person’s roles and responsibilities.
  • Knowing how to categorize an incident.
  • Determining how to track milestones and save key evidence.

While most states require certain businesses to have written policies, actually practicing them is the only way to make those policies meaningful.  Once a plan has been established, the organization should run tabletop drills, presenting various scenarios and measuring how the team responds in real time.  Only through this kind of positive, productive repetition can the required muscle memory be developed to blunt, contain, and successfully recover from a cyber security emergency.

For more insurance-related information on this and other topics, contact the professionals at The Reschini Group.


Copyright 2021 The Reschini Group

The Reschini Group provides these updates for information only, and does not provide legal advice.  To make decisions regarding insurance matters, please consult directly with a licensed insurance professional or firm.