For those companies / roles with unlimited pto, how does a payout work if you leave and /or are laid off? Receive nothing or some set amount?

like
Posting as :
works at
You are currently posting as works at

Nothing. That’s the whole purpose.

like

Meh. Too apparent to be a scam. 🙂

Zero payout - that’s the beauty of unlimited PTO... from a company’s perspective

like

And that it's a race to the bottom for how little vacation employees take

Not only is there no payout, but statistically employees with unlimited PTO take less time off than those with limited PTO.

like

I understand that’s statistics, but I’ve worked at other firms and use WAY more PTO at Huron with unlimited PTO than I was granted previously. It is what you make it. To also note, I was top rated and promoted in the same year I used ~5 weeks of PTO, so no retribution or anything like that

Nothing

like

Nada

like

Related Posts

Will we get extra salary if we worked on holiday in tcs. In timesheet its showing red means holiday

funny

Wow...Massive layoffs at PwC continue. Just saw 3 of my colleagues get canned.

like
like

Lit associates at Goodwin how’s WLB in terms of expectations to work weekends and into evenings/late nights. How’s culture generally? Do people go on vacations and is time off respected?

like

Got laid off. Have savings to hold me until I find a new position but mostly I'm just embarrassed. Has anyone ever gotten laid off and not told their friends/partner about it? I just don't want people in my circle to know I failed basically.

like

Hi! This is post is for a friend who was recently laid off due to budget constraints at their company. They’re actively looking for new roles in Business Analytics, Finance or a combination of both. Any referral would be extremely appreciated.

like

How is the job security at Delta Air Lines ?
Do they layoff frequently?

HR had mentioned there were no layoffs at tech during the pandemic.

like

Has anyone gone into YE with lower than the target utilization? I have about 2 months worth of PTO and trainings this year but want to know how a low utilization will affect my YE rating

like

Has anyone been able to negotiate anything extra or terms when being laid off?

like

Hello,

Currently, in accenture. I have had very bad billable hours and not much achievement this fiscal year. I am worried of getting fired, so i applied for another job. Got offered may be 5% above my current pay with 5k bonus, but in lower level at Deloitte. I think working lower level will give me more opportunities to learn as i think i have lot to learn. I made decision based on my gut and accepted the offer. I have not talked to anyone on accenture side yet. What you think?

likesmart

I had an interview the week before Christmas and New Years. I know there is usually a holiday slump - when should I reach out about an update? It will be 3 weeks tomorrow.

like

What are some easy to make, low stress holiday meals for a school holiday staff party? I was "volunteered" by our principal to set it up this year (🙄). I'm making decorated sugar cookies but kind of drawing a blank when it comes to savory dishes. Bonus points if you have any adult holiday themed games or fun drinks to suggest! It's off school property and there will be a bar (thank god), for context.

like

Layoffs at Omnicom shops today?

like

I’m a Junior accountant, recent MBA grad in Finance, located in NYC, just got laid off due to a merger. Anybody hiring or know any opening positions?

like

Just got laid off do I need cobra? I plan to hopefully have a job soon

like

I was recently laid off and I am actively search for a new role. I am mainly targeting Business Analyst, ScrumMaster, Product Analyst, roles but I am open to others.

Must be located in Austin, Texas or fully remote.

EXP
5 Mo- Business Analyst 3
1.5 Y- Venture Capital Associate
1.5 Y- Strategic Planning Analyst

Certifications
ScrumMaster
Specialist Accounting and Finance
Specialist Business Intelligence

Contact
737-707-5156
ajaspercannon@gmail(dot)com
www.linkedin(dot)com/in/jcstrategy

like

I need to perform well after months of bad performance for 6 months to not get fired I'm scared but want to do it impossible?

like

Assuming this causes a recession like in 2008, and many people get laid off, how long to take to find another similar paying job? I’m currently a strat manager in FS. Scared for job.

likefunny

Hi, what is the hire and fire policy in BAContinuum. Are they laying off people or did in the past?

like

More Posts

How is VISA managing the upcoming economic slowdown? Any word of slowdown in hiring or hiring freeze? How did VISA manage employees during the Covid recession? Any layoffs occur then?

helpful

When you start a new job, About how long should it take for you to get acclimated to your role? Getting overwhelmed with having to learn new processes but I’m sure that this is normal…right?

like

My friend just got out of a relationship and hooked up with his ex's best friend a week later. They're now dating and seeing each other everyday.
I couldn't help but feel like this wasn't an appropriate thing to do for both parties. He also revealed that he cheated on his past exes.

I'm naturally feeling a bit weary of his character and questioning whether this is a friend I want to keep close in my life. Perhaps I'm being too judgmental?

like

I think I want to be in relationship, but I fear that I actually am just lonely and not actually ready for relationship.
I desperatly want someone that I can spend time with, laugh with, and tell good news to amongst so much else.
I don't know what to do or if anything can be done...

Thoughts anyone?

like

Anyone play fantasy football? Would anyone be interested in a bowl / mini league? I’m guessing there are some good data analysis skills being put to good use out there.

Any Atlanta fishes know if Angeria/BenDeLaCreme are doing additional appearances today? Missed the City Winery brunch!

like

I applied for a job at Embark about a week ago - should I be worried that I haven't heard back? How long does it usually take to hear back from a company after applying online? It's been a while since my last job search and I don't want to get too worked up after only a week if I don't need to.

like

Hi
Can someone refer me in Citi
If there is an opening for analytics position

Skills: Python,SQL,excel,sas

Yoe: 2.3

like

Anyone looking for accommodation near Citi kharadi Pune ?
I'm working in Citi and looking for the same.
We can find and share.
Please DM.

like

Amazon should act as Santa during the holidays and deliver one gift fully wrapped from your wish list for free every year to everyone with Prime just to say thank you for choosing us. Bad idea or good

like

A colleague mentioned to me that they bill self study instead of pto. If I’m utilized at 100%+ and staffed on a client and take 3 days off wed-Sunday, they say bill self study and save pto. Advice?

like

I recommend books I've never read to people who ask for book suggestions.

funnylikeupliftingsmart

I m doing leet code problem solving practice since last two months to crack coding interview however I feel it is hard to solve medium and hard category problem most of time . Is anyone else faced similar issue and able to overcome by following tutorial or course ? Any kind of leads to overcome this Issue will be helpful . TIA

like

Starting with one of the big4 in Chicago as an analytics manager, 5 YOE at 150k base. Graduate engg degree i.e. non MBA/non CS. Did I get low balled?

like

Which is more painful: watching litigators draft contracts or transactional attorneys litigate?

likefunny

How are holiday party expenses handled at your firm? The MDs on my floor usually split the cost out of pocket.

like

How’s the dating scene in Austin? Any advice for a single 30 yr old Male who recently moved here?

like

Does Barclays give Diwali gifts?

likefunny

Hi all, has anyone temporarily transferred to the Canadian office of their firm and done the Canadian PR application while they were there on work visa?

like

Hi all
I work as chef and i m looking for job change dm me if any opportunity is there

like

Additional Posts in Consulting

A colleague mentioned to me that they bill self study instead of pto. If I’m utilized at 100%+ and staffed on a client and take 3 days off wed-Sunday, they say bill self study and save pto. Advice?

like

Best car rental rewards? I was forced into Avis for last gig, but now I'm free. Weekly rentals from Avis got me about 4 free days a year (with tax that's about $50 a rental).

like

I am going to go hard on 12/31/2020. So excited to say goodbye to this shitty year

like

if there's no pension anymore and a significantly lesser lump sum payout, why become a partner at EY?

like

2yrs of post-undergrad experience at D and have offers from two FAANG companies. Worth it to stick it out for a couple more years to open up more offers down the road, or should I get out while I can?

like

Hi Slalom Consulting fish! Can someone please explain how utilization and PTO work for you? How many hours are you expected to bill in a year? What’s utilization as a percentage? Particular interested in Slalom Federal but any answers would be appreciated!

like

McKinsey & Company Turning to consulting after 5+ years of direct management roles(healthcare- provider, payer and innovation space). Any advice?
Deloitte ZS Associates McKinsey & Company Accenture Manatt Cerner healthcare

likesmart

Utilization director told me today that the layoffs won't affect me. My heart goes out to everyone that had to hear otherwise. Here's to hoping y'all find something better and prosper.

like

J-dubs buckhead...anybody else??

If I need Friday 4-5pm to go to a doctor's appointment, do I need to set a meeting invite to my manager in order not to be fired?

funny

Anyone have experience with foldable treadmills? Looks like we will be in lockdown for a while, so need to get fit again

like

I’m an analyst in ACN management consulting looking to change firms.
Will more strategic-focused consulting companies think less of my background because of our rep of doing tech delivery work?

like

Technically based in NY but don’t live there. Anybody have any good recs to spend the thurs-fri night in NY cheaply? I’m not really picky and need to be in the office on Friday occasionally.

like

Best consulting firms with best WLB? Do they exist? Young professional starting to think about where I'd like to work hard to end up in the next 5-10 years.

like

When your eyes pop open at 5:50am on Saturday because you don't remember if you submitted your timesheet (holiday season throws things off). Thankfully I did. Back to bed

likefunnysmart

Owe ~$4,500 in taxes for 2020. Anything I can do to reduce this amount? Going to contribute some extra money to 401k to get me to 19,500 for the year. Anything else?

like

Lowkey confused, I joined the firm in July and both my standard & adjusted utilization are at 50%. Is this good?

like

Hey guys what do you think of Power Automate RPA tool from Microsoft?

like

Last flight of the year ... from a tiny 5 gate airport with one bar. I ask if they have any scotch. Bartender: I don’t know .. haven’t had anyone ask for scotch in months. I admit defeat. Just water.

likefunny

Sometimes I just want my work calendar on my personal phone for notifications, etc. There’s gotta be a way to get title, location, duration over without manual copy paste and without big bro knowing.

like

New to Fishbowl?

Download the Fishbowl app to
unlock all discussions on Fishbowl.
That was just a preview…
Sign Up to see all discussions
  • Discover what it’s like to work at companies from real professionals
  • Get candid advice from people in your field in a safe space
  • Chat and network with other professionals in your field
Sign up in seconds to unlock all discussions on Fishbowl.

Already a user?
Login here

Share

Embed this post

Copy and paste embed code on your site

Preview

Download the
Fishbowl app

See what’s happening in your industry
from the palm of your hand.

A phone with Fishbowl app

Scan your QR code to download
Fishbowl app on your mobile

Download app

Sign up for free to view this conversation on Fishbowl

By continuing you agree to Terms of Use and Privacy Policy

Already have an account? Log in

Sign up for free to continue using Fishbowl

By continuing you agree to Terms of Use(New) and Privacy Policy(New)
Messaging rates may apply

Already have an account? Log in

For account settings, visit Fishbowl on Desktop Browser or

General

Legal