This issue briefing provides an overview of Canadian organizations’ paid time off (PTO) policies and provides a benchmark for how much time off organizations are offering for different forms of leave, including vacation time, personal or flex time, mental health days, bereavement leave, and volunteer days. Data cover the first quarter of 2024 (January to March).
Having a competitive PTO package is a core component of a company’s ability to attract potential employees. How do the PTO offerings change with level of seniority in the company? Does unionization or non-unionization affect the policies of companies? Do attractive PTO options reduce turnover?
Read the issue briefing to get our full analysis.
Key findings
Competitive PTO packages are strategic investments
Benchmark your PTO allowances
Compare your PTO carry-over policy
Compare your holiday substitution policy
Final thoughts
Appendix A: Methodology
Appendix B: Participating organizations; Respondent profile
Appendix C: Bibliography
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