May 21, 2024
Before considering unlimited paid time off (PTO) as an incentive to new or existing employees, it is important to understand the implications. Government contractors subject to FAR and nonprofit grant recipients subject to the Uniform Guidance must understand what this benefit entails, how it can potentially impact existing and future government contracts, and potential challenges for unlimited PTO at the state level.
Join government contracting expert, Paul Calabrese, Principal for a session outlining what government contractors 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.
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Unlimited PTO: Is it Right for Government Contractors?
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 like an increasing number of commercial firms, it is important for government contractors to understand what it entails, potential pitfalls, and the impact in terms of the Federal Acquisition Regulation (FAR) and the Cost Accounting Standards (CAS).