Webinars

  February 12, 2010 at 02:00 PM ET

More and more employers are turning to paid time-off banks to help them schedule unexpected—as well as planned absences—from work.

The reason is clear: On any given day, nearly one in 10 employees is unexpectedly absent from work—costing employers hundreds of thousands of dollars a year, and creating a paper trail nightmare for HR.

But, even if you have—or are thinking about instituting a PTO policy at your company, recent events have complicated the issue: there’s a growing trend toward laws and regulations mandating paid sick time, and uncertainty as to how or if PTO policies apply when a public health threat—like H1N1—may necessitate employee absenteeism.

San Francisco, District of Columbia, and Milwaukee have already passed paid sick day laws. And in 2009, there were more than fifteen active campaigns for paid sick time in the U.S. The support for a national paid sick time mandate has been proposed numerous times in the Healthy Families Act. If paid sick time becomes a reality nation-wide, will PTO still work?

And, when sick time and vacation are co-mingled in a PTO bank, and employees have used their PTO for vacation, how do employees and employers handle the public health need to have sick employees stay home?

Get these an all your toughest questions answered at this timely interactive webinar. Plan now to join IOMA and our expert faculty on Friday, February 12th for this comprehensive look at all the pros and cons of instituting a PTO program in this changing environment.

In just 90 minutes, you will learn:

• The main differences between traditional time-off arrangements and PTO banks
• How a national paid sick mandate could impact PTO banks
• Strategies for dealing with pandemic illness within a PTO model
• A case study on implementing and communicating the benefits of a PTO bank
• Plan design options, such as translating traditional sick days into PTO days (hint: not 1-for-1)
• Trends in carryovers and cash-out options
• How short-term disability and FMLA integrate with PTO Banks
• How PTO banks can aid in recruitment and retention by providing employees with the more flexible leave time programs they are demanding
• The most common myths associated with PTO banks and the realities behind their use

Plus, get answers to your toughest questions in the LIVE Q&A session following the presentation—and you can invite your whole team for one low price!

Register today for just $275—IOMA subscribers pay only $245. Unable to attend? Order the CD today!

FEATURED FACULTY

Ophelia Galindo
Principal and National Leader, Integrated Disability and Absence, Buck Consultants

Ophelia Galindo is a Principal in the Orange, California office of Buck Consultants, an ACS company. Ophelia is the National Leader for Buck’s Integrated Disability and Absence specialty practice. In this role, she provides expertise and leadership across the spectrum of absence-related issues, including leave of absence, time-off programs and disability plans.

Ophelia has more than 23 years of consulting experience in the absence management specialty. She has worked extensively in designing time-off and disability plans, developing strategies for effective management and administration of leaves of absence (including compliance with State and Federal leave regulations), establishing integrated programs and creating innovative metrics and reporting tools to demonstrate the impact of absenteeism and disability.

Prior to joining Buck, Ophelia was a Principal at Mercer HR Consulting where she was the West Zone lead for the Absence Management Group, and served as the National resource for leave of absence projects.