Benchmarking paid time off

What is an employee benchmark?

Benchmarks are the work standards founded for employees.
The employee's capability to meet those benchmarks should be the basis of the performance evaluation.
It is an organizational tool to drive continuous productivity improvements.
This can render increased efficiency and create competitive advantages..

What is benefits benchmarking?

Employee benefits benchmarking is an analysis of how your benefits compare to other companies of your size and industry.
Some reports even break down by specific geography, job title, and experience..

What is the average PTO in the US?

The average American worker gets 11 days of paid vacation per year.
In the private sector, the average number of paid vacation days after five years of service increases to 15 days..

What is the difference between out of office and paid time off?

Employees in the U.S. usually get paid time off (PTO), which is a type of benefit where an employee asks for time off work but still gets paid for it.
Out-of-office (OOO), or vacation days, are a type of PTO where an employee takes personal time off..

The main idea is to ensure the best match possible that could reasonably be considered a match.