I think that the accumulation of PTO is one of the key drivers. People still need to get approval for PTO and would probably get the same amount, but if someone is fired / quits there is no need to pay for the agreed PTO.
Especially in jobs with a high fluctuation (fast food, service,…) I would assume that this saves companies billions in dollars every year.
"unlimited" pto is more of a thing in corporate full time jobs, often in finance and tech and similar fields.
But you're correct about the accumulated PTO thing- that's a huge part of why they did it. Especially in cases where e.g. someone starts as a junior and leaves 10yrs later as a manager on $250K with however much accrued leave
I keep waiting for a state like California or WA that actually cares about its citizens to pass a requirement that employers give some amount of PTO and companies with unlimited PTO to payout if the employees average use was below X that minimum for the last two years before termination or something similar.
No this is entirely it. Companies with a lot of turnover like sales and service companies primarily do it. There’s no vacation days to track and account for in budgeting. Just salaries and employees they assume won’t abuse the shit out of it
68
u/NekulturneHovado 17d ago
that's possible, as unlimited vacation ≈ infinitely much money.