HR Glossary
What is Paid Time Off (PTO)?
Paid Time Off (PTO) is an employer-provided benefit that gives employees a bank of compensated hours they can use for vacation, personal days, or sick leave.
Why it matters in hiring
Paid Time Off (PTO) comes up whenever teams compare candidates, set policy or report on people data. Getting the definition right keeps decisions consistent, which is the same reason springhire scores every applicant against the same criteria rather than on impression.
Related terms starting with P
Part of the springhire HR glossary, 1,150+ HR, payroll and recruiting terms defined. Free, no signup.
