Why Unlimited Paid Time Off Is a Bunch of BS

#1

Post by reshambabble » Sat, Oct 17, 2015, 8:05 PM UTC

Why Unlimited Paid Time Off Is a Bunch of BS
inc.com

Re: Why Unlimited Paid Time Off Is a Bunch of BS

#2

Post by dudul » Sat, Oct 17, 2015, 8:31 PM UTC

It has been discussed at length many times. Unlimited PTO only works if there is also a minimum PTO that employees are forced to use.

Re: Why Unlimited Paid Time Off Is a Bunch of BS

#3

Post by hwstar » Sat, Oct 17, 2015, 8:51 PM UTC

Another downside to unlimited PTO is if the company decides to lay you off. If PTO is defined, then in California, they have to pay it to you. If it is unlimited, then there is nothing they need to pay you.

Re: Why Unlimited Paid Time Off Is a Bunch of BS

#4

Post by spectralblu » Sat, Oct 17, 2015, 8:55 PM UTC

hwstar wrote: post #3

Another downside to unlimited PTO is if the company decides to lay you off. If PTO is defined, then in California, they have to pay it to you. If it is unlimited, then there is nothing they need to pay you.

This is important. With unlimited PTO, you no longer accrue PTO hours per pay period. Those unused PTO hours are legally required to be paid out at your usual rate when you leave, regardless of reason. I'm actually surprised that this isn't mentioned in the article at all.

Re: Why Unlimited Paid Time Off Is a Bunch of BS

#5

Post by dang » Sat, Oct 17, 2015, 8:58 PM UTC

Please do not use the titles of HN submissions to editorialize.

Re: Why Unlimited Paid Time Off Is a Bunch of BS

#6

Post by dudul » Sat, Oct 17, 2015, 9:02 PM UTC

hwstar wrote: post #3

Another downside to unlimited PTO is if the company decides to lay you off. If PTO is defined, then in California, they have to pay it to you. If it is unlimited, then there is nothing they need to pay you.

Which is why, when in the context of unlimited PTO, it is sometimes suspicious to take a long (2 to 3 weeks) vacation. It is a hint that you are taking advantage of the PTO before leaving.

Re: Why Unlimited Paid Time Off Is a Bunch of BS

#7

Post by hwstar » Sat, Oct 17, 2015, 9:26 PM UTC

dudul wrote: post #2

It has been discussed at length many times. Unlimited PTO only works if there is also a minimum PTO that employees are forced to use.

My idea of "forcing" is statutory time off like the rest of the developed world". American businesses have proven they can't manage the time off benefit in a way which balances the needs of the employee and in the long term helps the business as well.

In America, all that matters is short term profit, not the longer term picture. MBA's fail to grok this.