What is 'paid time off' in SAP LOD-SF-EC - Employee Central?

paid time off - Overview

• Component: LOD-SF-EC

• Component Name: Employee Central

• Description: Time provided by the employer for which the employee is compensated even in his or her absence.

paid time off - Details

• 
  Key Concepts: 
  Paid time off (PTO) is a type of leave that allows employees to take time off from work with pay. It is a benefit offered by many employers and is typically accrued over time, allowing employees to use it when needed. PTO can be used for vacation, sick days, personal days, or any other purpose. 
  
  How to use it: 
  In SAP Employee Central, PTO is managed through the Leave of Absence (LOA) feature. Employees can request PTO through the LOA feature and managers can approve or reject the request. Once approved, the PTO will be deducted from the employee’s available balance and added to their leave history. 
  
  Tips & Tricks: 
  It is important to keep track of PTO balances so that employees do not exceed their allotted amount. Additionally, it is important to ensure that employees are taking their allotted amount of PTO each year in order to maintain a healthy work-life balance. 
  
  Related Information: 
  For more information on managing PTO in SAP Employee Central, please refer to the official SAP documentation here: https://help.sap.com/viewer/product/SAP_EMPLOYEE_CENTRAL/1711/en-US/f3d7f9a8b2c14e6f9a7d3c8b2e5f9a7d.html