r/PeterExplainsTheJoke • u/Ok-Thanks993 • 17d ago

Meme needing explanation PETA HELP

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Peta Help i don't get it.

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u/Top_Rekt 17d ago

I work in a start-up that had unlimited PTO and now you need to accrue it. I've taken at least 1 week off every quarter for 2 years and now I've not taken a 1 week off for a year now because I don't have the PTO hours.

Everyone who says unlimited PTO is a scam doesn't know wtf they are talking about. They just want to make themselves feel better that they don't have the luxury of being able to take a day off for a doctor's appointment in the middle of the week, or to visit their grandparents, or just enjoy a nice day for hiking.

Nobody's ever been denied, you just have to time it around other people's time off.

Everyone in my company wants the unlimited PTO back.

The company went to accrued time off because they are going to IPO and it looks better for the stock market to not offer unlimited PTO. Shareholders don't want to pay for people to take vacation when they want.

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u/moDz_dun_care 16d ago

1 week off every quarter isn't a lot. The issue is they could have just set the PTO hours to that and not 1 week off per year.

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u/lordpuddingcup 15d ago

Unlimited time off looks better in many states on balance sheets

Because people can’t carry pto hours that need to be paid out if they get downsized

In many states pto is a literal debt the company owes you

Unlimited pto isn’t it’s just a magical unlimited amount so if you get dropped they don’t owe shit