During the recession, a well-developed time-off program was essential for organizations looking for a way to compensate employees without stretching already-thin budgets. Now, as organizations push toward recovery, time-off programs are one of the cornerstones of highly competitive compensation programs attracting the best talent. The 2011 Compensation Data Not-For-Profit survey results found employers offer exempt employees completing one full year of service an average of 12.4 vacation days, while non-exempt employees receive 10.7 days.
Exempt employees with five years of service earn on average 15.8 days of vacation, compared to those with ten years of service who receive 18.8 days. Employees with 15 years of service average 20.5 vacation days. Both exempt and non-exempt employees are granted an average of three personal days per year. In addition, both types of employees receive an average of 11 sick days each year. The average waiting period for employees to receive time-off benefits after the start of employment is 68.3 days.
“Maintaining a healthy work-life balance is more important to workers today than ever before,” said Amy Kaminski, director of marketing for Compdata Surveys, the nation’s leading pay and benefits survey data provider. “By developing a comprehensive time-off program, employers are helping their employees achieve this balance, and are often rewarded with increased productivity in return.”
Formal paid-time-off (PTO) programs are gaining prevalence, as the survey results found nearly 26 percent of not-for-profit organizations now offer a PTO program to employees. PTO programs group together all paid absences, including vacation, sick and personal days. The majority of not-for-profit organizations use years of experience to determine the amount of PTO an employee has accrued. Exempt employees with at least one year of service earn an average of 18.1 days of PTO per year. Those with five years of service receive 22.3 days, while those with ten years of service average 26.4 days.
According to the results, more than 88 percent of not-for-profit organizations allow employees to carry over unused PTO, but 87 percent place a limit on the number of days that can be carried over. Exempt employees may carry over an average of 29.1 days while non-exempt employees may carry over 28.2 days.
About the Survey
Compensation Data 2011 Not-For-Profit contains data on more than 100 industry-specific job titles and more than 300 benchmark titles ranging from entry-level to top executives. Data is collected annually from not-for-profit employers across the country. The results provide a comprehensive summary of pay data, benefit information and pay practices with an effective date of March 1, 2011.
Compdata Surveys is the nation’s leading compensation and benefits survey data provider. Thousands of U.S. organizations provide data each year ensuring the reliability of our results. Compdata Surveys has been providing comprehensive data at affordable prices to organizations from coast to coast since 1988. For more information about compensation and benefits surveys, contact Michelle Willis at (800) 300-9570.