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Paid Time Off

What is Paid Time Off?

Paid time off (also known as PTO or personal time off) is compensated time off from jobs that a company provides to workers to use as deemed fit by the employer. PTO is often measured in hours and divided into categories for various types of absences such as illness, leave, and personal time.

Related: Accruals Leave, Bereavement Leave, Disability Leave, Family and Medical Leave Act of 1993 (FMLA), Medical Leave of Absence, Military Leave From Work, Sick Leave Pay