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This event is hosted by the Virginia Society of CPAs, Northern Chapter.

Unlimited PTO, A Cultural Shift: How It Impacts Government Contractors Subject to the FAR and CAS as well as Nonprofits that have Federally Funded Grants Subject to the Uniform Guidance

Increasingly, companies are making a strategic decision to provide unlimited paid time off (PTO) to compete for the best talent by offering better work-life balance. Before considering unlimited PTO as an incentive to new or existing employees, it is important to understand the implications. Government contractors subject to FAR and nonprofit organizations under the Uniform Guidance must understand what this benefit entails, what are the pitfalls, and potential challenges for unlimited PTO at the state level.

Join government contracting expert, Paul Calabrese, for a session outlining what government contractors and nonprofits should consider before implementing unlimited PTO. You will come away with a better understanding of the issues so that your company can make the right decision for both you and your employees.

Questions we will discuss:

• What is Unlimited PTO?
• Why is there interest?
• What are some state restrictions?
• How does it impact Government contractors under the FAR Subpart 31.2?
• How does it impact nonprofit grant recipients under the Uniform Guidance 2 CFR 200?
• What we learned from our client experience.