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I have raised a laptop replacement TT but it haven't even dispatched & I'll be going back to Bangalore in 5days, so if the laptop doesn't get delivered to me before I go off to Bangalore, can i raise another TT & get it exchanged in the office??? Please help, if you know what can be done here !!! Amazon
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I have it and I take about 40 days a year. It's encouraged to use it to the fullest for work life balance.
That’s great!
My last position switched to unlimited PTO in January. It looks good for the company, because it doesn't show on their books. Then they laid me off in February. Guess what, the 120 hours of PTO that I had banked, was not paid to me. Because it was no longer "on the books". It's better for the employer than the employees!
My company doesn't pay out PTO anyway if you leave. There is an unlimited PTO option at the Senior Director and above level.
The big thing about unlimited PTO is that the company does not have to show liability. I was with a company and my supervisor took almost a week off every month. It was ridiculous.
“Flexible PTO” - and I’ve never been denied PTO here, or anywhere I’ve ever worked. I take about 30 days off throughout the year. Time away from work is just as important time spent at work. Life is too short to not take time out to enjoy it. No one‘s ever been on their deathbed and said “sure wish I’d worked more…”
It's a ruse designed to 1. Make you feel guilty using any PTO. 2. Allow the employer to decide what looks excessive and inconsistent with good performance. 3. Eliminate PTO payouts as cash asset of the employee per an earned benefit in those states where that's required by law.
I think in the end EEOC complaints could arise if disparities in PTO allowances crop up. There is already going to be far less opportunity for time off among production workers where PTO used to be part of the calculated FTE budget. With UTO this is less likely to be accurately factored into staffing rations imo.
I don’t have unlimited PTO but I do have 6 months of sick leave.
I’ve worked for 2 companies with unlimited PTO and then my sister works for another .
It definitely depends on the company on if you are able to utilize it to the fullest extent.
My sister is encouraged to take at least 4-6 weeks off a year and as long as it’s under 2 weeks in length she’ll be gone she does not need to put the request in with advanced time.. If she’s going to be taking 2 weeks + in one vacation (like when she went to Europe for 3.5 weeks ) then they ask that you give 3 months notice just to make sure that they can get everything covered .
The downfall is definitely when you leave the company there is no “pay out” however honestly there never should be a pay out . Everyone should be taking their vacations to the max every year… But because healthcare has set us up to believe that it’s impossible to get time off and that it’s impossible to take extended vacations , that then we get a bit “payout“ which is essentially all your vacation you never took .
I would much rather take vacation then get the payout ... but the company needs to make sure they stand up to the actual unlimited vacation versus just saying it to make them look nice on paper
Unlimited PTO is something tech companies started implementing in the early 2000s, because they did not want to carry the liability for accrued employee PTO on their books. I.e., when 100 employees each have say 80 hours of PTO saved up, the company shows a liability for 8,000 hours that they have to pay out when employees leave the company. Accountants hate this, especially for companies that do quarterly reporting. As such, "unlimited" PTO means you don't get paid out any outstanding PTO when you leave the company. It helps the company, not the employee. Many tech companies I know of actually find that employees do take less PTO when they have unlimited PTO, and that also helps the company. I recommend that when you join a company that offers unlimited PTO, you let your boss know how much vacation time you expect to take every year, and get agreement in writing that they'll let you take that much time off before you accept the job.
We can take off when sick but it’s called an occurrence and come end of year you basically won’t get a raise if you have one.
Unlimited PTO is a red flag. You will never get to take a reasonable amount of time off because they will never/rarely approve it. I bet the attendance policy is ridiculously strict so you can’t have many call offs which would usually be covered by PTO.
PTO is typically considered part of your annual wage/salary; Unlimited PTO is not part of your wages and therefore they don’t have to pay out any time when you leave. So if you worked somewhere for a year and never took vacation, oh well. If you have a structured PTO amount i.e. 3 weeks then they would pay out that unused PTO when you leave.
Yes, that’s a common concern with "unlimited" PTO. Without clear guidelines, people often take less time off, fearing it may be perceived negatively. It's important to set boundaries and take the time you need for balance and well-being.
The company I work for used to have so we would earn it by the hours we worked but was unlimited as long as you worked to accumulate it. But i think they realized if they capped it at 40 hours for the year, which they did, then itd be easier to fire people since alot of people that work here have multiple children and would most likely need to use all the days and then some which meant getting a point then eventual termination.
I am a senior leader at a company that has it. What the data proves out is that some people probably overexploit it to the detriment of the team and the burden it puts on other teammates. And then some people take less time off than they would otherwise. And then 60-70% of people take their typical time off they have experience with (2-4 weeks).
Most people would rather have a set amount. That is one companies experience but is generally validated by other research that is on-line.
You also do not see this offered to clinicians due to how payments and funds flow. That in and of itself creates issues between clinical and non-clinical staff. My take...not a fan, but their are financial and regulatory reasons for doing it.
"Unlimited PTO" is a marketing hack for start ups. It's never really unlimited and the employees lose when they leave their workplace b/c there is no PTO balance to pay out and if you did or didn't take time off depending on the constraints of your goals/job etc - that was on you.
I'm making very good use of my unlimited PTO
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People definitely end up taking less time off.
There is unlimited PTO
Someone needs to clarify what unlimited PTO means. It isn't a thing for hourly where I work and the work shoud demand more PTO for recovery. Behind the scenes and management, if your job is so stressful- that needs to be addressed- and I would concur it is a thing and should! Remember: Paid Time Off- is it earned first?
Yes, at my last job we had that. It is true, everyone took less time. No one wanted to look as 'abusing' it,