Unscheduled absenteeism has climbed to its highest levels in…

Unscheduled absenteeism has climbed to its highest levels in Pearson, Spector, Litt, LLC last month. In order to reduce the costs associated with unscheduled absenteeism, HR professionals decided to change their paid time off policy. This company used to grant each employee 10 vacation days, 5 paid days for sick leave, and 4 days for personal leave. With the new policy, this company combines vacation, sick leave, and personal leave policies into one single paid time off policy (i.e., 19 days). The management decided to keep funeral leave as a stand-alone policy. What is PSL, LLC’s new policy called?