We have unlimited PTO, yet no one takes more than two weeks a year. There’s no guideline, so everyone fears being judged. I’ve taken less time off under “unlimited” than I did with a capped system. Is unlimited PTO actually a subtle cost-saving strategy?

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

It’s not subtle at all. When we had a fixed number of days allocated you would have to be paid for unused days when you leave the firm. Now with unlimited, they have no value. So the savings real.

IIRC, unused PTO days across employees are also a short-term liability on the balance sheet, so there’s that aspect of balance sheet / creditworthiness gamesmanship, too

Might be limited to those locales where you must pay accumulated PTO on termination. Can’t remember, it’s been a while

100%, it’s by design to benefit the employer. It also negates the company’s requirement to pay out unused accrued PTO in case of attrition or layoff.

Similar for unlimited sick leave. Studies showed that people who had 7 days of sick leave annually took all 7 days (even when not sick) as it was a perceived benefit they wanted to fully cash in on. When they went to unlimited, people on average took 2-3 days only (this study was pre-covid so that number has probably gone up).

Unlimited PTO is basically a scam. They want you to feel too guilty to take time off. I much prefer having a set number of days every year so I don't have to feel weird about taking a break when I need it.

Related Posts

Best holiday camping ever ?

likefunny

Is your firm treating 12/26 and 12/27 as firm holiday since the 24th and the 25th are during the weekend this year? Of course client demands would dictate whether people will be working, but curious what the official policy is. For what it’s worth, my firm treated the day after thanksgiving as holiday and I didn’t have to work for the whole day.

like

Had an offer for 30% more , a promotion to manager, extra week of vacation to switch firms. I love where I am at with my clients and there is a lot of potential there. Should I stay the course?

Has anyone attended the Holiday Hi-Light Festival? Is it worth doing?

like

I recently received an offer for 200k€ in Amsterdam. Includes travel, 30% ruling, holiday pay.

Any idea if that is enough to cover a mortgage on a flat within biking distance from the city center without over spending on housing?

(3 small kids and a non-working partner)

like

Any recommendations for a single diver going to Bonaire over the Xmas-new year holiday? I’d like to do a good bit of shore diving but would need a dove buddy.

Hey Boschlers,
Is tomorrow holiday??

So i work at this company in coimbatore (india) and we have a very poor work life balance. We have a 6 day working policy and no vacation or sick leaves just 1 day casual leave a month. We usualy had to work around 10 to 12 hrs and no leaves even during govt holidays. How can i make them understand this is killing our personal life. I have already shared a couple of emails to hr and CFO of our company to no avail. Please advice on what should I do next

Hi friends, looking for some advice. I am currently in India due to a family health emergency for my mom. She is still critical and don’t have a good timeline on returning to work. I have taken pto but that will soon be over. What are my options? Will LOA impact my immigration status? I am on H1B.

like

Where can I find the holiday calendar in CGI?

What is the firm doing about retention/turnover? Any discussion about improving benefits? 401k match? Pto?

like

Anyone ever asked for a sign on bonus in the form of vacation days - so you don’t have to wait like 6 months in order to take 2weeks? Or ask for reduced pay at first to accelerate the accrual?

Desperate for help from HR experts!

According to California Law, employers must pay unused vacation. Each year, we are given 33 days of holidays, no accrual. I was just laid off and my employer only paid half of my vacation because it’s mid year. Is this legal?

In hibob it says I had 32.5 days accrued.

Thanks for your help!

like

Coming to SD for vacation - first time! Where would you recommend someone stays? Things I’m into: food (specifically seafood), walks along the beach, markets/shopping (handmade, artsy stuff, boutiques, etc.).

likeuplifting

Just had to go to thesaurus dot com to look up synonyms for “exciting”. I think I need a vacation….

likefunny

What is a good conversation value for IHG / holiday inn points ? Is “13k points for $100 room rate “ a good deal ?

like

Tomorrow is zs holiday in India offices. So will be the salary get credited today??

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

Hi all, I’ve been taking 15mg XR in the morning and 15mg IR as needed in the afternoon for about 2 years now and it’s helped a lot, however, when I take time off I just feel so lethargic. I’ve read about people taking Wellbutrin as well. Anyone have experiences with this? I meditate and exercise as well, but I just lack energy and almost feel like the same things don’t make me happy when I’m not on my medication.

like

Just finished The Vanishing Half... any book recommendations for the holiday break?

Post Photo
like

More Posts

Anyone have experience applying to roles that are a bit out of reach? I’m looking at a few roles asking for 5 or 6 years of experience while I’m at 4. I’ve had success with this is past but I’m not sure how strict google is with this. Thanks!

like

Moderators/managers for virtual communities actually have a pretty difficult job because the rules for posting have to be interpreted, there are very few hard and fast absolutes in this profession

like

How long do you give an initiative before accepting it didn’t work out and it’s time to try something else?

like

Has anyone taken one of those social media management courses on udemy? Are they actually any good?

like

Interviewed for final round, Paytm. Post few hours, received mail from HR regarding required documents such as salary slips etc. What does this mean? I’m confused.
FYI , salary negotiation is not happened yet.

like

Serching for Job .(any field but not in sales).
Expecting in IT sector
3yrs experience in optical cables.

Pro tip: live close to poorer people to feel rich. The feelings of wealth are extremely subjective and is mainly based on comparison

likefunny

Hi, I have got offer from NTT, expected at least 9 LPA , how can I negotiate , have 2 years of experience in same domain (python & ansible) . Get selected for SRE Role. How much I can expect from them.

like

All - what do you guys tip on a haircut? I have two places I go to one charges 25 and just an average cut. While the other is $50 but they wash hairs and all.

Folks what is the general OTE compensation for enterprise SaaS tech sales executives in India with an annual quota of $1.5million.

like

Fishes, need some guidance.

What would ensue if I convice US talent recruitment team that I have US H1B visa and get my offer letter released, and then apply for US Visa?

Is this some sort of scam/crime?

Thoughts?

like

I supervise staff in the public sector that process Medicaid applications and assistance for Medicare. Is their anything in the private sector that pay more than $75,000 in this industry and is remote or hybrid?

like
like

“I just want to see her cry” — People! Wtf!

like

How long it takes to get laptop from pune office.
I need to go on 1st sept.

Hi Fishes! I am searching for an opportunity in Financial Planning and Analysis role (Finance) with 7.7 years of experience. Any leads ? Appreciations in advance !!

like

Recruiter reached out to me for a PE opportunity in SoCal. Any ideas of WLB of PE (as compared to consulting)?

like

Sherlock is the best player 2

Post Photo
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