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For publicly traded companies the PTO which has not been taken is actually on the balance sheet as a liability. If that corporation moved to an unlimited vacati

For publicly traded companies the PTO which has not been taken is actually on the balance sheet as a liability. If that corporation moved to an unlimited vacation time they can make the balance sheets look better. Also, most companies would make people get paid out if they hit the cap. A good amount of people weren't taking vacation and took the extra pay checks. A big tech company changed the polices when I used to work there for the aforementioned reasons.

dethswatch 10y ago
In addition, there was also the, "The company is closing down during the week before New Years so that you may spend more time with your family." Which is a not so clever way of clearing vacation off the books also. I will no longer work for companies that play similar games. I urge others to consider doing the same.