PTO stands for “Paid Time Off.” Paid time off (PTO) is a type of employee benefit that allows employees to take time off work while still receiving their normal pay. PTO policies vary from company to company, but they typically allow employees to take time off for reasons such as vacation, sick leave, personal days, or other approved absences. PTO is typically offered in addition to other types of leave, such as vacation time and sick leave, and it is often combined into a single bank of time that employees can use as they see fit. Some companies also offer unpaid time off, which allows employees to take time off work without pay. PTO policies are intended to help employees balance their work and personal responsibilities and to promote a healthy work-life balance.

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