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The confusion in this thread about the old PTO vs new unlimited PTO makes me wonder if the next generation will even know what was lost. For anyone still confu
by bit_logic 8y ago
The confusion in this thread about the old PTO vs new unlimited PTO makes me wonder if the next generation will even know what was lost. For anyone still confused, the old PTO is basically extra pay with strict conditions on how it can be used. For example, under the old PTO, if an employer gave 4 weeks vacation, then if the employee quits after one year, they get the 4 weeks in cash value, it's like another month of salary. In the new unlimited PTO system, the employee gets nothing. Unlimited PTO is a downgrade for employees. The theoretical benefit of unlimited vacation often ends up with less vacation taken than before because there's no strong policy an employee can use to argue for taking vacation. Previously, since there's often a cap on vacation days, an employee could easily argue they need to take vacation or they are losing money. Now they have to beg management and they have no strong position. It's issues like this and others such as non-competes that really shows the need for either a union or association like lawyers and doctors have.