Paid time off, known as leave, across vacation days, sick days, and holidays is an important component of an employer's benefit package in Idaho. The rules can differ depending on the size of the business and may vary by state. Designing the proper plan for your company's specific employee group might influence staff retention and competitive recruiting.
If you want to provide a consolidated leave plan or non-consolidated, you must first consider whether to do so. A consolidated leave plan provides a single amount of time off for vacation, sickness, or personal business that employees may use any way they choose. Workers who don't have unified leave plans generally have separate plans for each purpose. Consolidated leave packages are becoming more popular among employers in Idaho (56%).
A paid time off plan, also known as a sick leave plan, is a combination of both sick and personal days. This provides employees more freedom while also allowing employers to benefit from it. In terms of years of service for Idaho businesses, at five years the average number of leave days in a consolidated program is 20, compared with 15 vacation days. At ten years, the average for consolidated leave plans is 23 while the average for paid vacation is 19.
Employers provide paid vacation in most cases, either as part of a consolidated leave policy or as a stand-alone plan. Paid vacation is offered by 89% of Idaho businesses. This may be industry specific, such as an hourly employee at a retail store versus a technology firm. Download our Mployer Insights report to see how your sector compares.
Holidays are a vital portion of any leave package, and they will differ depending on the size and sector of your company. 33% of businesses have just six or fewer paid holidays for their employees. 55% give between 7 and 10 paid holidays, with 26% providing more than 10 paid holidays. Core holidays include New Year's Day, Independence Day, Labor Day, Thanksgiving, and Christmas; they can also include Veterans Days, Memorial Day, and other observed dates. It is at the discretion of the employer.
To view how your company's paid time off program compares to others like you in Idaho in the same industry and size range, download your free Mployer Insights report. Understanding how your policy measures up against employers similar to you may be a useful recruiting and retention tool.
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