PTO (paid time off)

What is PTO (paid time off)?

Paid time off (PTO) is leave an employee can take while still being paid - commonly annual or holiday leave and sometimes sick days - tracked as a balance the employee draws down.

PTO is the American umbrella term. In Europe it usually splits into statutory annual leave and sick leave, often with separate rules. Either way the mechanics are the same: an entitlement, a balance, requests, and approvals.

Some companies offer unlimited PTO, with no fixed balance. Most still track a defined entitlement, which is what HREvio supports - vacation and sick balances with accrual and carryover.

Related terms

• Statutory annual leave
• Leave balance and leave ledger
• Sick leave tracking
• Leave policy

See also

• HREvio vs BambooHR
• HREvio vs Sloneek