Voluntary time off  (VTO) is closely related to the flexibility in the workforce and to the management of costs. VTO is used by companies when it's not a busy time to work, to prevent over-employing staff members, but provide them with the choice to take time off. When managed well, it can be advantageous to both the employer and the employee. By understanding the meaning of vto, employees will be better equipped to comprehend the company's scheduling processes and decisions.