Unlimited PTO?!

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Unlimited Paid Time Off

With the changing recruiting environment, we continue to encourage businesses to be innovative in their employment practices.

Claudia St. John makes the case for unlimited PTO in this week's video.

We don't have to look much further than the July USDOL Job Openings and Labor Turnover Survey, the most recent data available, to see the importance of innovative workplace policies.

Job openings have declined slightly. During the same 30-day period, hire and separation numbers remained unchanged.
All jobs lost to the COVID-19 pandemic have now been recovered.
Job opening numbers have – until now – been steadily increasing as have the hire and separation numbers. It’s too soon to tell if the June numbers are a “blip” or indicative of more changes to come.

What employers need to do:

Identify the best resources to help you stay informed about labor market activity in the market(s) where you operate and consult those resources regularly. This remains a volatile labor market.
Anticipate continued difficulty recruiting, especially entry-level candidates.
If raising pay is necessary to hire new talent, review pay levels for current, experienced employees to ensure internal equity.
Streamline your application process. Many candidates report “giving up” trying to apply online because of a confusing/convoluted/redundant application process.
Be respectful of your applicants and their investment in the application and interview process. Don’t become one of those badly reviewed employers on social media.

We can help!

Affinity HR Group helps employers think innovatively about the structure of their workplaces and benefits. Connect with us at 877-660-6400 or contact@AffinityHRGroup.com to learn more.

The Monday HR Minute, brought to you by Affinity HR Group, is designed to provide you with practical, applicable human resources and management advice and information. We believe that by dedicating just a few minutes a week to thinking about people management practices, business owners and managers can make enormous strides in improving workplace performance.

Affinity HR Group is a full service human resources consulting firm that specializes in advising small and medium-sized enterprises. Our services include recruiting and selection, HR policies and compliance, ad hoc HR support, compensation and performance management, and training and development. We are an endorsed HR partner of a number of leading national trade associations and offer free initial consultations and discounted services to their member companies.
Email us at contact@affinityhrgroup.com or call 877-660-6400.

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This e-mail may contain general information about legal matters. Affinity HR Group does not provide legal counsel. The information provided should not be considered legal advice and should not be relied on as an alternative to legal advice from your attorney or other professional legal services provider. If you have any specific questions about this content or any legal matter you should consult your attorney or other professional legal services provider.