Earlier quoted context omitted.
I would expect that paying people for unused vacation would incentivize employees overworking themselves leading to reduced quality of output. In a sense, I expect that it would magnify the existing issues with unlimited PTO. It seems like this would be neither good for employee or employer.
Most companies only let you bank so many pto (Paid Time Off) hours and carry them over year to year. I think this came about because of accounting change where employee hours are considered a liability (Hours/Money owed for nothing in return), but I might be wrong on that. As a result employees can't just bank their vacation hours and get a big payday when they leave. It tends to only take a couple years to get up to…
From the business perspectice services rendered previously is "nothing", because you can't get any more value from that