Paid leave is among the most prevalent benefits the American employer has to offer. SHRM conducted a survey during the week of August 5-12, 2003, regarding the average number of days offered to employees either as vacation time, or under a Paid Time Off plan—a benefit where sick leave, vacation leave and personal days are combined in one plan.
Human resource (HR) professionals were asked, “On average, how many paid vacation days/Paid Time Off days does your organization offer to employees who have been with the organization…”
| Paid Vacation | Paid Time Off | |
|
Less than one year |
6.28 | 13.24 |
|
One to less than two years |
10.53 | 16.58 |
|
Two to less than three years |
11.01 | 17.40 |
|
Three to less than five years |
12.02 | 18.55 |
|
Five to less than 10 years |
15.18 | 22.04 |
|
Ten or more years |
18.65 | 25.30 |
The survey was based on the responses of 341 randomly selected HR professionals. The margin of error is +/- 5.29 percent.
The Society for Human Resource Management (SHRM) is the world’s largest association devoted to human resource management. Visit their web site at http://www.shrm.org/.
