Consulting

Just saw on Glassdoor that Grant Thornton now offers unlimited/flexible PTO. So does West Monroe Partners. How long until it catches on in our industry? MBB here in need of more vacation days...

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It’s a ploy to make you think they’re giving you this plethora of vacation days but in reality you’re never gonna use them and they will continue to take advantage of you while you have these great “benefits” in your back pocket.

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M2, that’s my understanding based on the official policy we have... I’m not in McK though

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This is so they don’t pay you out when you leave. It also guilts you into taking less vacation when you have util targets since you aren’t “losing days” by not taking them. Lots of studies showing the negative effects of these policies.

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It's the last thing I want. We get 26 days once you make Manager here and unlimited would be a HUGE step down per the other comments on here.

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GT here. This was put in place in Q4 2015. Can confirm people tend to take less than they did before. I personally make it a point to take as much as I did when we had accrued PTO. However, doesn't seem to come up in talent reviews as much as I thought it would. Probably because nobody takes enough to warrant conversation about it.

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Doesn’t seem to be the case at West Monroe - numbers over the last year for PTO taken has been higher per person, which is celebrated. Not entirely sure how that compares to the suggested vacation days with the prior policy, but it definitely ticked up after the new one went into place! Agree that it doesn’t come up in reviews as well.

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I have 24 days a year that roll over and no one cares if I go negative. So I also have effectively unlimited vacation days.

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Yup

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I stopped tracking my PTO once I realized it didn’t change my utilization target. Sort of an unspoken agreement on our team

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It's a horrible system to be honest, nobody dares to take 30 days off, and it eats into your utilizations and utilizations are key for round tables.

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As a former GT’er, the policy benefits the company, not the employee. If/when you leave the company, they owe you NOTHING where with other companies, the must pay out unused PTO.

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GTer here and I personally love it. I haven't had issues taking time off and took well over 20 days last year and I am considered a high performer. It all depends on your projects though, I work a lot of shorter projects so it's easy to fit vacations in at the end of those.

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We sometimes refer to FTO as “Fake Time Off” because you can take it but you will have to “make it up” one way or another to hit your goals.

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At non consulting firms where they are not based on a hourly or billable tracking system no one even really tracks the days off so you can fly under the radar

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