Employers know that their employees need time off for rest and relaxation or time for personal related reasons that occur during the work hours. That's why companies offer paid time off (PTO) in the form of vacation days, holidays, personal leave, and sick leave.  Some employers' plans offer a specific amount of days for each form of PTO, while others, particularly in the healthcare and financial industries, provide one set amount of paid days off that can be used for various reasons at the employee's discretion.  The definition of paid time off is any time not […]