Vacation and Sick Day Policies

This data can be obtained from Chamber of Commerce salary and benefits reports for your area. Industry associations can also be a good source for this type of information.

Employee benefits, such as paid vacation and sick time, play an important role in maintaining a competitive edge in the labor market. However, they also need to fit into your company's overall benefits strategy and budget. And remember that some newer, more innovative benefits entail specific legal obligations. The policies you settle on should be included in your employee handbook.