Subj : Unlimited PTO
To : POINDEXTER FORTRAN
From : Dumas Walker
Date : Sat Apr 13 2024 09:49 am
> "Unlimited" PTO is a perceived benefit with little benefit to the
> employee with a huge effect on company financials.
Honestly, I think benefit to the employee depends. If I was working
somewhere that had the compensation method in place and switched to
unlimited, I'd be pretty upset. However, if I knew that going in, I might
see it as a benefit because there'd be no limit on how much time I took (so
long as it was approved).
As I told another poster, I used to work at a compensation method employer.
That worked *great* for me in the end, but I had a lot of co-workers who
really didn't care about the payout they might get and seemed a lot more
interested in taking time off -- they took it off almost as the accumulated
it and never carried a balance worth anything monetarily.
Some had families and took off a lot to do family things, others just
burned time. For them, they'd probably have loved unlimited PTO and seen it
as a certain benefit. To be honest, I am glad that employer never got the
idea because, if they'd put it up to a vote, my co-workers probably would
have sold those of us out that carried a lot of time in order to get their
unlimited time off.
* SLMR 2.1a * Usually a man with flowers has deflowering in mind...
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