Have you ever felt like taking a leave because you have a date night to prepare for? Have you ever tried sneaking out of your office because there is a sale you must go attend? Or are you, erm, an employer, who, erm, definitely should be reading this? If the answers to all these questions are a yes, then Flexible Time Off (FTO) is for you.
Karen would definitely not have thought that flexibility could be a thing in an office setting. But guess what, Karen? It is and it is here to stay. With flexibility and productivity being the topmost priority in the post-pandemic world, Flexible Time Off Policy is what more organisations are looking at. It is what you’d take when you’d say, “Man, I need some time to myself!”
To top it all, you can take them without the fear of losing your leaves if not used. It is a policy that employees can use to take time off from work as and when required and employers can too benefit from the productivity that comes from their collective well being. So, let’s break down what the entire buzz around FTO is all about.
Flexible Time Off or flexible PTO is essentially a policy that offers an unlimited number of off days to apply for without the need to earn or accrue them. There is no limit or restriction to the number of days you can take an off as long as the work targets are met.
As you must have been guessing, this can create a possibility for abuse. But, there’s the catch. The Flexible Time Off Policy is built on mutual trust and transparency. So in case employees do not meet their productivity goals, it will be flagged.
Last Christmas you gave them your heart but the very next day they gave it away. This time no more tears, you’ll treat yourself as someone special!
And this is exactly why Flexible Time Off is important for employees. It gives you the time off when you need it without having to share elaborate reasons to your HR. There are a number of reasons why Flexible Time Off Policy is beneficial to employees. Here are a few:
While you have the liberty to take unlimited FTO, you must see that they do not clash with that of your colleague’s. This is a disadvantage that FTO can bring to the workplace.
Picture this - Your employee has had a terrible family conflict before managing to somehow reach the office on time. He has a load of work to do. With a mental state that disturbed, he is a chef with the perfect recipe for poor decision making. Would you want that?
FTO has a string of benefits for employers. Let us have a look at them.
If not managed effectively, Flexible Time Off Policy can create disadvantages for employers. Here are a few:
While FTO and PTO can seem to be interchangeable terms, Karen, they are not!
Let us break that down for you. PTO is an umbrella term for an employee leave policy with all the leaves that can be taken with no loss of salary. FTO comes under PTO as a type that is unlimited. However, some organisations can term FTO as all the leaves that do not come under sick leaves or annual leaves. Roger that?
Whether you are an employer or an employee, well being and productivity are your star performers. With Sup Bot taking care of all your leave tracking needs, Flexible Time Off is a policy that can do wonders for your profession. Now you know why it is the best workplace policy!
Flexible Time Off is a leave policy that allows employees to take an unlimited number of days off without needing to earn or accrue them.
PTO and FTO aren't different leave types. PTO is an umbrella term for all leaves with no loss of salary. FTO is an unlimited PTO.
FTO leave is a leave policy that allows employees to take an unlimited number of leaves. They are not required to earn or accrue them.
Managing FTO can be challenging but it can be done right by ensuring effective communication of guidelines and using a vacation tracker like Sup Bot.