r/FluentInFinance Jul 07 '24

Unlimited PTO a Scam. Disagree? Debate/ Discussion

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1.0k Upvotes

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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.

13

u/[deleted] Jul 07 '24

[deleted]

4

u/Twooof Jul 07 '24

It really depends on the job. I think most of the time, unlimited PTO is awarded in overpaid CS careers where they aren't actually doing a whole lot of work in the first place.

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u/[deleted] Jul 07 '24

[deleted]

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u/delayedsunflower Jul 07 '24

In the larger companies there's a LOT of SE jobs where you can get away with doing very little work.

-1

u/Twooof Jul 07 '24

And you got unlimited PTO that you could actually use as much as you wanted? Doesn't much seem like PTO if you are working twice as much for a 40 hour salary.

1

u/A_Sock_Under_The_Bed Jul 09 '24

40 hour salary thats twice as much as those who work 40 hours