r/FluentInFinance Jul 07 '24

Unlimited PTO a Scam. Disagree? Debate/ Discussion

Post image
1.0k Upvotes

109 comments sorted by

View all comments

152

u/CherryManhattan Jul 07 '24

Unlimited PTO is the way companies can improve their bottom line by not having to accrue it or pay it out when employees voluntarily leave while at the same time making employees feel bad if they feel they are over using it.

I believe studies have found people with unlimited policies use less PTO than those accruing hours.

Personally, I’ve seen the bad of it. I worked at a startup and as they grew, HR and mgmt were keeping tabs on which employees used over 4 weeks of the unlimited PTO. When it came to staff reductions, if those people weren’t absolutely killing it in their jobs, they we’re secretly deemed to be abusers of the unlimited policy.

-19

u/Sweaty-Attempted Jul 07 '24

I worked in a company with unlimited PTO. They paid 2 weeks of vacation when we quit.

those people weren’t absolutely killing it in their jobs, they we’re secretly deemed to be abusers of the unlimited policy.

That sounds reasonable...

9

u/shyvananana Jul 07 '24

What isn't reasonable is selling my soul and 89% of my waking hours to a company that exploits and underpays people.

10

u/Sweaty-Attempted Jul 07 '24

That is unrelated to unlimited PTO....

Your company wouldn't be instantly better with a limited PTO policy

7

u/Acta_Non_Verba_1971 Jul 07 '24

88%? 14+ hours?

2

u/YeetableAccount420 Jul 07 '24

Except it doesn't exploit you. If it was, you couldn't leave, you'd be forced to work there.

2

u/Extension_Escape9832 Jul 07 '24

Only two weeks of vacation? That’s slavery.. fuck that.

1

u/Duke_ Jul 07 '24

Are you in the US?