5 ms·
IME it's a marketing scam, for 2 reasons (at least where I am - CA, USA): 1) Peer pressure from your boss(es) and coworkers who will tell you "now's not a good
by throwaway413 8y ago
IME it's a marketing scam, for 2 reasons (at least where I am - CA, USA):
1) Peer pressure from your boss(es) and coworkers who will tell you "now's not a good time to take time off" - it's actually never a good time for you to take vacation, work will keep coming through the pipeline, deadlines will be scheduled, and you'll continue to feel pressured to not take a vacation, no matter how hard you've worked or how productive you've been. Has happened 3/3 times I've had a job w/ "unlimited PTO"
2) Employers use unlimited PTO policies as a way to not pay out PTO when you leave your job. With fixed PTO, employers have to pay you for that time if you don't use it when you leave. With an "unlimited PTO" policy, there is no longer any "leftover" time you get credited for. In conjunction with point 1 above, this ends up saving them money.
For CA: "Earned vacation time is considered wages. Vacation time is earned as work is performed. (Cal. Lab. Code § 227.3; Suastez v. Plastic Dress-Up Co., 647 P.2d 122, 128 (Cal. 1982).)"
PTO laws by state here: http://ask.legalsolutions.thomsonreuters.info/cc-nto-vacation-rolling-pl http://ask.legalsolutions.thomsonreuters.info/cc-nto-vacatio...