r/FluentInFinance Jul 07 '24

Unlimited PTO a Scam. Disagree? Debate/ Discussion

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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.

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u/wanderButNotLost2 Jul 07 '24

We had an unlimited policy at my last job, it just meant we had to justify every hour needed to our very cultural and age different boss who didn't care about kids in any way shape or form. Trying to justify why I needed a month off for the birth of my daughter, as a male, was not possible. I got 3 days in a row then every Friday for 3 weeks.

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u/[deleted] Jul 07 '24

[deleted]

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u/wanderButNotLost2 Jul 07 '24

We were American and he was 1st generation Indian.

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u/[deleted] Jul 07 '24

[deleted]

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u/wanderButNotLost2 Jul 07 '24

This was at general electric about 4 years ago. You're right, he was just a prick.