CPA FIRM VACATION/PTO POLICIES

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Have you revisited your PTO policy lately?  How much vacation do you give your team members?

I find that most CPA firms are fairly generous, however, the amount and the “rules” surrounding PTO vary greatly.

In CPA firms, before the “people are so valuable” days, many of us had a use it or lose it policy.  However, accountants being expert procrastinators, never seemed to be able to take all of their vacation.  So, as we developed our “best place to work” mindset, we allowed a significant amount of PTO hours to be carried forward to the future (many firms granted 80 hours or so to be carried over – sort of a time bank in case of emergency).

New employees used to have to earn their vacation days by working for a period of time, usually a year.  As the competition for good people heated up, firms began offering at least 3 weeks vacation/PTO the day the new college graduate walked in the door.

Maybe you and all the people at your firm actually NEED vacation.  Perhaps, you should be more encouraging when it comes to your staff taking vacation.  Maybe the “use or lose it” policy wasn’t such a bad idea after all.  It did often force people to get some time off scheduled.  Here’s an interesting article on openforum.com. "All work and no play makes Jack a dull boy." - - Proverb

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