We’ve experienced a shift in many different aspects of benefits over the last few years and paid time off is no exception. In the latest Talking Benefits podcast episode, I learned more about the concept of unlimited time off—or, as one company calls it: Flexible Planned Vacation. This benefit has been around for awhile but it’s getting buzz lately as organizations look at innovative ways to recruit and retain talent in our current labor landscape.
Kristine Karnath joined as our guest and explained how her company (Moog Inc.) decided to shift to the flexible planned vacation model. She walked us through how implementation went, how she managed this transition for employees, the challenges faced, unexpected benefits of this model, and tips for other organizations looking to make a change in their PTO plan. Kristine is the U.S. director of benefits for Moog and is responsible for benefits strategy and overall administration for her company’s multiple U.S. sites.
Give the podcast a listen and if you’re interested in more, tune into a recorded webcast on Unlimited Time Off: Will it Work for Your Organization?
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Anne Patterson
Associate Director of PR & Communications
The latest from Talking Benefits:
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- CMS Creditable Coverage Updates for Group Health Plans
- The New Look of Virtual Care: What’s Right for Employers and Plan Sponsors?
- Ontario’s New Long-Term Illness Leave Takes Effect Soon: What Employers Need to Know
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