According to the Society for Human Resource Management, less than 1 percent of employers offered unlimited paid time off in 2014. But many employers considering it. “Employees seem to value paid time off that can be used for any type of absence without restriction,” says Lois Krause, practice leader of HR compliance for KardasLarson, an HR consulting firm. This kind of paid leave offers employees a lot of flexibility. At the same time, they can be challenging to administer with other mandates, such as FMLA or reimbursement for unused leave, so research your options carefully when considering such a plan.

Read the Article