<p dir="ltr" style="line-height: 1.38; margin-top: 0pt; margin-bottom: 0pt;">PTO means Paid Time Off, a flexible employee benefit, which allows you to take leave off work and still receive a salary at the same time. In place of individual vacation, sick or personal days, PTO will combine all these into the same pool of paid leaves that employees can utilize to spend on holidays, rest, personal matters or recuperate without losing income. The strategy helps to promote healthy work-life balance and allow employees the freedom to spend their off time.