________ is a voluntary benefit consisting of vacation/annual leave, personal time off, sick days, holidays, and severance pay.

Question

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Paid time off (PTO) is a voluntary benefit consisting of various types of time off, such as vacation/annual leave, personal time off, sick days, holidays, and possibly even severance pay. Unlike traditional leave arrangements, PTO plans do not distinguish between different types of leave and instead provide a single number of days or hours that employees can use for any reason.

________ Is a Voluntary Benefit Consisting of Vacation/annual Leave, Personal