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DTO and TCG?
- Key Word:Discretionary
- Approval
- Book 8 hours DTO
- No pay out
- Increase in paid holidays
Q & A
What is DTO?
Real Cases
MammothHR
Kickstarter
- Ended the DTO in September of 2015
- Employees were confused by the policy
- Did not want to jeopardize standing work
- Kickstarter put a 'cap' of 25 days per year
- Small Company
- Tested One Year
- Policy became the third most valued benefit, right behind health insurance and 401(k).
- Employees took on average the same number of days of PTO
- Policy is beneficial more for what it says than what it does
- DTO: Discretionary Time Off
- Companies are beginning to adopt this unlimited PTO policy
- Flexible PTO, Personalized PTO, or Responsible PTO
- Employees can't create alternate work schedules
- Managers offer feedback
- Employees are encouraged to trust bosses
- 17 paid holidays
Companies with Unlimited PTO
- General Electric
- Netflix
- Workday
- Prezi
- Chegg
- Grant Thornton
PTO vs DTO
PTO vs DTO
TCG and DTO?
- What is DTO
- Benefits to the work place
- What this would look like for TCG
Why is this 'DTO' beneficial?
Working Americans
Benefits to the employee
Benefits to the employer
- Instills More Trust
- Empowers Employees
- Opens Conversation About Performance
- Greater Flexibility
- Work-Life Balance
- Recruitment
- Adminstration Ease
- No pay out
- Washington Posts quotes Oxford Economics who cites employers on average pay out $1,989 per year per employee.
- USA Today, "No-Vacation Nation"
- American's leave about 25% of allotted PTO unused at the end of the year.
- CNBC quotes American's took 16 days per year in 2013 versus 20 days in 1976 to 2000
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