What is Voluntary Time-Off (VTO)?

Voluntary Time-Off (VTO) is a policy that allows employees to take time off from work without pay, typically as a way to reduce the number of hours worked during periods of low demand or when the employer needs to cut costs. VTO is offered voluntarily, meaning employees can choose whether or not to participate, and it is different from regular paid time off (PTO) since it is unpaid. The practice helps organizations manage labor costs while offering employees flexibility in their work schedules.