Ending Unlimited PTO Doesn’t Solve Underlying Workforce Issues [Forbes]
Baxter International Inc. (BAX)
Last baxter international inc. earnings: 4/30 07:15 am
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Source: Forbes
The reason, CEO Ryan Breslow explained, is that “when time off is undefined, the good ones don't take PTO. The bad ones take too much.” Based on my forty-five years in the corporate world, including as chair and CEO of Baxter International, I question whether this change addresses two underlying workforce issues that the Bolt CEO alludes to in his quote. Too Much Vacation Is A Performance Issue First, the so-called “bad ones” taking off too much time is a performance issue, which limiting PTO will not change. Whether someone is off for two weeks, four weeks, or six weeks a year doesn't change the fact that they are not meeting expectations. The only remedy is honest and frequent feedback between managers and their direct reports. One significant benefit of giving continuous feedback is that it minimizes and, ideally, eliminates anyone being surprised to learn that they are falling short of performance standards or that they are simply in the wrong job. However, when these peop
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- Bragar Eagel & Squire is Investigating Certain Officers and Directors of Baxter International and Molina Healthcare on Behalf of Long-Term Stockholders and Encourages Investors to Contact the FirmGlobeNewswire
- Baxter International, Inc. Sued for Securities Law Violations - Contact Levi & Korsinsky Before December 15, 2025 to Discuss Your Rights – BAXGlobeNewswire
- BAX DEADLINE: ROSEN, LEADING INVESTOR COUNSEL, Encourages Baxter International Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action – BAXGlobeNewswire
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