Universal PTO Bank

Your company has always given full-time employees a set amount of sick days, floating holidays, and vacation days. Your Human Resources Department has announced that it is considering switching to a system where time off comes from a universal Paid Time Off (PTO) bank.  The Human Resources Department has distributed a survey for employees to explain which system they would favor and justify their choice.

In your response to the survey, consider the benefits and disadvantages of a universal PTO bank and a system where time off is divided into sick days, vacation days, and floating holidays. Then, explain which choice you favor and justify your answer.

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For more information on Universal PTO Bank read this: https://en.wikipedia.org/wiki/Paid_time_off

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