For Utah employers from Salt Lake City to Ogden and Provo, paid time off, or leave, across vacation days, sick days and holidays, is an important part of an employer's benefit package. Regulations, primarily FMLA are different by employer size and can vary at a state by state level. Designing the right plan for your unique employee group can have an impact on retention and competitive hiring.
The first issue to consider is whether you wish to provide a consolidated leave package or not. A consolidated leave plan gives one amount of time for workers to use for vacations, sickness, or personal business. Workers who don't have unified leave arrangements frequently maintain separate plans for various purposes. Consolidated leave packages have been growing increasingly popular in recent years. Utah has 56 percent of employers that provide consolidated leave packages.
A unified leave plan, also known as a compensated time off policy, combines sick and personal days. This provides employees more options and the employer greater flexibility. At five years of service, Utah employers offer 20 days of paid leave in a consolidated plan compared to 15 vacation days after that point. The average for consolidated plans is 23 at ten years of service while the average for paid vacation is 19.
Employers in Utah give paid vacations either as a component of a unified leave plan or as a separate policy. Employers offer vacation 89% of the time in Utah. This is industry-specific, for example, an hourly employee at a retail company versus a technology firm. Download our Mployer Insights report to see how your sector compares against others in Utah.
Holidays are an important component of a leave package and will differ based on the size and sector of your employer, as well as whether you work in retail or manufacturing. Only 33% of businesses offer six or fewer paid holidays to their employees. Between 7 and 10 paid holidays are offered by 55%, while 26% offer more than 10 paid vacations. New Year's Day, Independence Day, Labor Day, Thanksgiving, and Christmas are among the core holidays that may be added if they're available. It is entirely up to the discretion of the employer.
Download your free Mployer Insights report to see how your company's paid time off plan measures up against others in Utah in the same industry and size range as you. Understanding how your policy compares to companies similar to yours might be a useful recruiting and retention tool.
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