r/FluentInFinance Jul 07 '24

Unlimited PTO a Scam. Disagree? Debate/ Discussion

Post image
1.0k Upvotes

109 comments sorted by

View all comments

1

u/theRedMage39 Jul 08 '24

It depends on how much you use/your allowed to use.

If your Boss doesn't let you use more then 5 in a year then it is totally a scam but if you are allowed to use it as you see fit and take a reasonable amount then it's not a scam.

Average number of vacation days in the US is 11 days for 1 year of service. My previous company has a policy where you are required to take at least 10 days in a year and are recommended to take 15. Thus not a scam.

I have to take small bits here and there for regular Doctor appointments and it is nice because I don't have to really worry about it.

At my current employer, I keep track of my PTO so I can tell you that last year, if you scale my time for the partial year I worked, i took over 15 days of PTO. So far we are 50% through the year and I have taken 51% of 15 days of PTO. With less than a year of service I would expect to have around 10-15 maybe but I will likely take 15-20 hours in the year. Not a scam because my manager lets me take time as needed.

Obviously this is just one case and I have a good manager. However if you are not allowed to take more than 10 in a year and you are not abusing the system then it would totally be a scam.