Examlex
Programs that allow employees to reduce the amount of time they work by a certain amount with a proportional reduction in pay are known as:
Paid Vacations
A benefit offered by employers that provides employees with a certain number of days off work with pay.
Sick Leave
Paid or unpaid time off from work that employees can use during periods of illness or injury.
Bank of Paid Time
A system used by some employers where employees can accumulate paid time off, such as sick leave and vacation time, in a single account.
Preferred Provider Organization
A managed healthcare system in which members are encouraged to use a network of preferred doctors and hospitals for their health care needs, often at lower costs.
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