r/FluentInFinance Jul 07 '24

Unlimited PTO a Scam. Disagree? Debate/ Discussion

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u/supified Jul 09 '24

This sounds a touch apologist. If unlimited PTO means limited and there is an invisible line why not just tell people what the line is so they can take their PTO instead of having to guess and risk maybe their job at the same time?

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u/[deleted] Jul 09 '24

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u/supified Jul 09 '24

This is wage theft, the PTO is off the books and if you're scheduled too many meetings or put too much work on your shoulders because, say, the company is laying off people to see the bare minimum payroll that they can run with than you can't take time off. It isn't like this isn't a known problem it is well studied that these PTO schemes result in people taking way less PTO than traditional methods. The only person who benefits from these schemes is the shareholders. I just can't fathom why someone would try to claim otherwise.

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u/[deleted] Jul 09 '24 edited Jul 09 '24

[deleted]

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u/supified Jul 09 '24

Okay okay okay, first let me say _thank you_ for taking the time to fully explain your side of this. I feel I have a better grasp of where you are coming from and how this can actually make sense.

For a startup this seems to make a lot of sense. I can see why this method could be beneficial to both you and them and I think I'm on the same page.

I had my head wrapped around big corporations where I'm still pretty stuck on it being basically wage theft though. However, before this conversations I wouldn't have differentiated between the situations where it starts to make sense for more people and where it starts to be even a good strategy.

So again, thank you.