this post was submitted on 05 Aug 2023
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From what I understood from my American colleagues, unlimited PTO is mainly a way for companies to stop employees from accumulating it and getting it paid out. So now not only can you not really take more vacations than before, but you also miss out on getting them paid out instead.
Yep, that's pretty much it.
Unlimited PTO is only good if you've proved yourself indispensable to the company, and can leverage that. Of course if you're indispensable then it's hard to take a lot of vacation!