Employers need to provide paid time off that suits their business’s needs, their company’s culture, and the needs of their employees, experts say
Like many Canadian employers, Toronto-based password management software provider 1Password is looking to recruit skilled workers in the hypercompetitive talent marketplace.
“We’ve basically taken everything we do with PTO, including sick days and personal days, and given everyone 25 days [per year] to do with what they please,” says Katya Laviolette, chief people officer of 1Password. In the face of a highly competitive hiring environment, and on the heels of a mental health crisis, Canadian employers are exploring new and innovative approaches to giving staff some much-needed time off.conducted by Robert Half Canada, 49 per cent of employers intend to add new permanent positions in the first half of 2022, and another 45 per cent are hiring for vacated positions. That same study found that 29 per cent are increasing PTO to help attract and retain talent.
“The last thing you want to do is offer something and have to backtrack it, because you’re finding that people are using vacation, and now we don’t have anyone available,” he says. “It’s something they should take the time and energy to look into.” “One of the things we’ve always prided ourselves on is low turnover,” she said, adding that there were 12 departures among her staff of 48 last year.
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