At my workplace we were hyped up for a special announcement during a company meeting. this is after, literally, years of layoffs, offshoring, cut after cut to benefits, and restructurings. Morale is incredibly low. The big announcement is they are giving everyone one extra day off around a national holiday as a reward. We already have "unlimited" PTO but of course can't really use it. So their reward is letting us us…
I don't understand. What is 'unlimited' PTO? And if it's so unlimited, why can't you use any of it? I've only had jobs with very specifically defined PTO that had no ambiguity in whether I could ever use it.
It also means that employees don't accrue PTO days, and therefore don't have to be paid out for that time when they're fired.