The unwritten rule of unlimited PTO is like 2 weeks max but you’re gonna get the side eye if you even take that much. It’s just a scam because most people use less when it’s ‘unlimited’ and because depending on local laws they may have to pay you out for it in the event of separation of employment if it’s accrued.
I have a company that truly does mean unlimited PTO (with some rules of like okay come on don’t take 2 months off in a row or something crazy regularly), but I admit that is not the norm
Oh I do, and it’s failing! Because of course it is! I expect them to be out of business within the year. (Currently job hunting and no matter what it’s going to be a step backwards back into corpo America)
Sorry to hear that. The biggest downside of unlimited PTO is that you aren’t owed any PTO. So if you quit or they go out of business, you don’t get anything paid out like you normally would.
You mind sharing what they do? It’s a bummer they’re failing, there need to be more companies that try new things like unlimited pto. I’d love to just go on a hike spontaneously without having to feel bad
The unwritten rule of unlimited PTO is like 2 weeks max but you’re gonna get the side eye if you even take that much. It’s just a scam because most people use less when it’s ‘unlimited’ and because depending on local laws they may have to pay you out for it in the event of separation of employment if it’s accrued.
I have a company that truly does mean unlimited PTO (with some rules of like okay come on don’t take 2 months off in a row or something crazy regularly), but I admit that is not the norm
Sounds like you work for a unicorn!
Oh I do, and it’s failing! Because of course it is! I expect them to be out of business within the year. (Currently job hunting and no matter what it’s going to be a step backwards back into corpo America)
Sorry to hear that. The biggest downside of unlimited PTO is that you aren’t owed any PTO. So if you quit or they go out of business, you don’t get anything paid out like you normally would.
Tbf if they go out of business youre probably not seeing any of that anyway
You mind sharing what they do? It’s a bummer they’re failing, there need to be more companies that try new things like unlimited pto. I’d love to just go on a hike spontaneously without having to feel bad
I would have liked it to be written! I may have dodged a bullet.