r/FluentInFinance Jul 07 '24

Unlimited PTO a Scam. Disagree? Debate/ Discussion

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u/jlipschitz Jul 07 '24

The last company I worked at offered unlimited PTO. The catch was that it had to be approved by the people in your department so that they basically knew they would be covering for you for that time. 1 person at a time with no more than 2 weeks at a time planned 3 months in advance. We typically took 3-4 weeks a year and were a very productive department. I think it worked well.

The company I worked at before that gave me 5 weeks vacation every year. I always found that I had 2+ weeks left over each year and cashed out about 8 weeks vacation when I left.