PTO meaning in Messaging ?

Answer: What is Paid Time Off mean?

Paid time off, planned time off, or personal time off (PTO) is a policy in some employee handbooks that provides a bank of hours in which the employer pools sick days, vacation days, and personal days that allows employees to use as the need or desire arises. This policy pertains mainly to the United States, where there are no federal legal requirements for a minimum number of paid vacation days (see also the list of statutory minimum employment leave by country). Instead, U.S. companies determine the amount of paid time off that will be allotted to employees, while keeping in mind the payoff in recruiting and retaining employees.

Generally, PTO hours cover everything from planned vacations to sick days, and are becoming more prevalent in the field of human resource management. Unlike more traditional leave plans, PTO plans don't distinguish employee absences from personal days, vacation days, or sick days. Upon employment, the company determines how many PTO hours will be allotted per year and a "rollover" policy. Some companies let PTO hours accumulate for only a year, and unused hours disappear at year-end. Some PTO plans may also accommodate unexpected or unforeseeable circumstances such as jury duty, military duty, and bereavement leave. PTO bank plans typically do not include short-term or long-term disability leave, workers compensation, family and medical leave, sabbatical, or community service leave.

It is unclear as to when PTO bank-type plans were first being utilized in the workforce. In a 2010 study conducted by WorldatWork, 44% of 387 companies surveyed said they started using PTO bank-type plans prior to year 2000.

reference

Full Form	Category
Please Turn the Page	Academic & Science
Payment Treatment and Operations	Accounts and Finance
Pato Branco	Airport Code
Patent Trademark Office	Business
Project Team and Organization	Business
Permanently Turned Off	Business
Product Transfer Order	Business
Place Time Opportunity	Business
Publishing Technology, P.L.C.	Business
Pareto Corporation	Business
Photo Me Australia, LTD.	Business
Patent and Trademark Office	Business Management
Pedagogy and Theatre of the Oppressed	Community
Parent Teacher Organization	Community
Parent Teacher Organisation	Community
Private Telecommunications Organizations	Computer and Networking
Presentation Text Object	Computing
Process Time Out	Computing
Permission To Operate	Computing
Public Telecommunication Operator	Computing
Power This Outlet	Computing
Pointer Table Overflow	Computing
Packet Timeout	Computing
Permeability Tuned Oscillator	Electronics
Parents Time Off	General
Please Turn Over	General
Pull Toyota Out	General
Power Take Offs	General
Photo Training Overseas	General
Prepare The Others	General
Professional Triathletes Organisation	General
Pretty Tractor Operator	General
Please Talk Out	General
Power Take Off	General
Powertrain Operations	General
Public Transport Operator	General
Propane Truck Operator	General
Permission To Occupy	Governmental
Please Take Off	Governmental
Pre-Trial Order	Governmental
Police Training Officer	Governmental
Priority Target Organization	Governmental
Prison Talk Online	Internet
Poetry Today Online	Internet
Patella Tracking Orthosis	Medical
Paid Time Off	Messaging
Preliminary Technical Order	Military and Defence
Personal Time Off	Military and Defence
Pacific Theater of Operations	Military and Defence
Pato Branco, PR, Brazil	Regional
Puerto	Regional
Participating Test Organization	Space Science
Power Test Operations	Space Science
Privilege Ticket Order	Sports
Public Telephone Operator	Telecommunication