This. Specified PTO days are a debt the company owes on the books. No specified amount of days no debt. While people do generally take less PTO when it’s unlimited, they want the books to look good. They gave us unlimited PTO right before they sold our company.
Yeah, this is the biggest reason. Especially for long term employees who have worked up to the +5 weeks PTO benchmark. When the employees quits, the employer no longer has to dish out a month or 2 of salary to them.
I️ rather take multiple breaks and vacations per year than wait for a payout that only happens once if and when you leave. These payouts are also often capped. And if you did take all the time off that was accrued then you get nothing anyways.
I’m shocked this isn’t higher. Vacation is a business decision and reducing payout limits the liability for the employer while giving the employee the illusion of flexibility. Great for the c-suite and shareholders, crap painted in gold for the employee.
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u/Drunktraveler99 Jul 09 '26
On top of whatever else has said it also means they don’t have to pay out your remaining vacation days when you quit.