You may get to hear many terms while you start planning a vacation. Now, what is the difference between a vacation leave and a PTO? Is it important? xTimesheet is here to clear your schedule and your doubts so that you can chill on the beach with a cocktail in your hand.
The term PTO refers to Paid Time Off, which means that an employee can take leave without any loss of pay. All the companies have different kinds of PTOs, and you must understand the norms of your company’s PTO before thinking about the beaches. In some companies, a PTO is referred to as the direct no of holidays that an employee can take in proportion to the extra time they have worked. However, in some, it is all about respect and trust where the employee is allowed to take any number of PTOs provided the organization’s work doesn’t get hampered.
Vacation leaves refer to the fact that you are taking days off for your Holiday. Now you may ask, then what is the difference? To get this straight, understand that a Vacation leave is a PTO, but a PTO is not always a vacation leave. Now that is confusing you even more? Well, you can take a PTO for Paternity leaves, Maternity leaves, Mental health days, or even health issues. But when you are taking a Vacation leave, it only means you are going on a holiday and nothing else.
In most companies, the first time you can ask for a PTO is after 6months of working in that very firm. PTO is a broad term that most companies are taking care of. So, vacation leave is appropriate once you decide to go on a vacation in the Maldives. PTO is for the weaker days of your life! xTimesheet tells you to carefully choose your leave days and keep something stored for the days you are low.