Definition
Accumulated time that employees can take off while still being paid, provided they don't actually use it out of fear of being perceived as uncommitted.
Example Usage
I have 20 days of PTO this year, but I'll probably only use 4 while answering emails on the beach.
Origin
Emerged as a modern alternative to 'vacation days' in the 1980s to blur the line between different types of leave.
Fun Fact
The average American takes only 55% of their PTO, costing companies money they already allocated.
Source: HR industry standards
Related Terms
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See “PTO (Paid Time Off)” in Corporate Speak, Gen-Z Slang, Pirate Speak, and more.
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