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Unlimited Vacation: Trust, Transparency, and Communication Key to Execution at Kronos
Kronos (News - Alert) Incorporated:
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What:
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Next on the Workforce Institute Radio podcast series: Can unlimited
paid time off (PTO) work for both employees and employers? What
began as an innovative perk to help employees maximize work-life
balance while giving organizations a unique recruiting
differentiator has experienced some backlash. Opponents argue that
uncapped time off actually benefits the employer, as employees take
less time off under these "open" or "unlimited" arrangements
compared to more traditional accrued time off programs.
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Listen to Joyce
Maroney, director of The
Workforce Institute at Kronos Incorporated, discuss unlimited
time off policies with fellow board members Sharlyn Lauby,
president of ITM Group Inc. and renown "HR Bartender" blogger, and
David Almeda, chief people officer at Kronos, who successfully
rolled out an open PTO policy at Kronos in 2016. Questions
answered in this podcast include:
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-- Despite negative attention around uncapped PTO, what are the
benefits?
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-- What should organizations consider before embarking on this
innovative policy change and how should they prepare?
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-- What are the biggest challenges in implementing an uncapped
vacation policy?
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-- How should people managers be trained to make this type of policy
successful?
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-- Could an uncapped time off policy work for front line and/or
hourly workers, or is this merely a perk enjoyed by laptop-toting
white-collar workers?
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When:
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Available now
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Where:
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The
Workforce Institute blog site
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Why:
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The Workforce Institute provides research and education on
critical workplace issues facing organizations around the globe.
By bringing together thought leaders, The Workforce Institute is
uniquely positioned to empower organizations with the knowledge
and information they need to manage their workforce effectively
and provide a voice for employees on important workplace issues. A
hallmark of The Workforce Institute's research is balancing the
needs and desires of diverse employee populations with the needs
of organizations. For additional information, visit www.workforceinstitute.org.
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Supporting Resources
About Kronos Incorporated
Kronos is a leading provider of
workforce management and human capital management cloud solutions.
Kronos industry-centric workforce applications are purpose-built for
businesses, healthcare providers, educational institutions, and
government agencies of all sizes. Tens of thousands of organizations -
including half of the Fortune 1000® - and more than 40
million people in over 100 countries use Kronos every day. Visit www.kronos.com.
Kronos: Workforce Innovation That Works.
© 2017 Kronos Incorporated. All rights reserved. Kronos and the Kronos
logo are registered trademarks and Workforce Innovation That Works is a
trademark of Kronos Incorporated or a related company. See a complete
list of Kronos
trademarks. All other trademarks, if any, are property of their
respective owners.
View source version on businesswire.com: http://www.businesswire.com/news/home/20170406006135/en/
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