Discretionary Time Off (DTO)
In today’s evolving workplace, flexibility isn’t just a perk, it’s a strategy. Discretionary Time Off (DTO) is an innovative leave policy that embodies this flexibility by empowering employees to take time off whenever they need to, without a rigid allotment of days. Unlike traditional vacation policies, DTO doesn’t rely on accruing hours. Instead, it trusts […]
Direct Labor Cost
Direct labor cost refers to all expenses related to employees who directly produce goods or deliver services for a business. In simpler terms, it’s the money your company spends on the people making your product or serving your customers. This includes not just their base wages or salaries, but also additional costs like payroll taxes, […]
Duvet Days
Everyone knows that “duvet day” feeling, when getting out of bed seems impossible and you’d love to just stay under the covers. In HR terms, a duvet day is a unique type of day off that allows employees to do exactly that: take a spontaneous day off to rest and recharge, no questions asked. Unlike […]