Personal Time Off (PTO) is a policy that allows employees to take time off from work for various personal reasons without having to specify the exact purpose for their absence. It is a flexible approach to managing time off, giving employees the freedom to use their allotted time for vacation, illness, personal appointments, or any other personal needs.

Example
At XYZ Corporation, employees are provided with a generous PTO policy that allows them to take time off for personal reasons. Each employee accrues PTO hours based on their length of service, typically starting with a set number of days per year.