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Neither fixes the actual problem. If you're doing 60 hours a week, 8 extra days of PTO isn't going to help, and 3% isn't enough to make it worth it. The real solution is to find a different job.
Bowl Leader
You're absolutely right; neither option really moves the needle when the core issue is a 60-hour grind. Eight extra days off sounds nice on paper, but they don't reset the burnout if you're still expected to cram five days' work into four (or just answer emails from the beach)
I'd rather take the merit increase. Time is nice but money grows over time and I'd rather invest that amount and retire earlier. My organization doesn't offer anything like this, we get what we get.
Bowl Leader
Yeah, I totally get that. Money has that compounding magic; put it in investments and it works for you long-term, which can absolutely shave years off when you need to work. Extra time off feels good in the moment, but it doesn’t grow on its own like a higher salary does when you invest the difference.
Given the choice, the extra vacation days would be better for me. You have to commit to yourself that you are going to take those days, though. I’ve never been in a position where I got to pick one or the other, if that’s what you are asking.
Depends a lot on the people around. Taking your PTO and being made to feel guilty around it isn’t the rest and refresh somebody needs! I would probably just cash out or let them accrue in that case, too.