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It’s the same as having 3 or 4 weeks the difference is nothing is paid out to you before you leave
Your UTE target will act as a limit on the Unlimited PTO.
You must be proactive in taking and protecting your leave. I find I’m able to take 4-5 weeks a year. That’s not true for everyone and plenty of people are worried about metrics so they don’t take the time off.
Thanks SM1!
I worked in an unlimited PTO in industry a while back. I think I took pretty much the exact same PTO pattern I've done for the last 8 years or so, ~3.5 weeks throughout the year.
I haven't worked at a consulting firm with unlimited PTO, though, and can't really see how that meshes with util goals, unless util targets account for X arbitrary amount of leave. Of course, if a firm follows the D model and unlimited PTO counts against relatively high util targets, that sounds like an awful deal.
I worked in tech & we had unlimited PTO. Most people (including myself) took 35-45 days per year. It was awesome.
2 reasons: 1) moved cities to one where it would have been impractical to do my job from & 2) my team’s leadership was terrible...like actual HR situation, people quitting left & right. Couldn’t take it anymore.
It’s useful to understand why companies offer unlimited PTO: usually people are afraid to even get close to abusing it so take less vacation than you often would otherwise, and it is cheaper to administer since you don’t have to track days or pay them out at exit.
I’ve worked at companies with both, and found that I took about the same amount of vacation either way.
We have unlimited PTO and I make sure I take at least 20 days a year and haven’t had anything said to me. FO consulting role in nyc.
Biggest con is no PTO payout when you leave, otherwise it comes down to company culture and communicating with your lead