Anectdote, but I've worked for both a company that does PTO accrual and one that does unlimited vacation. I was not paid out anything at the latter (this was l

Anectdote, but I've worked for both a company that does PTO accrual and one that does unlimited vacation. I was not paid out anything at the latter (this was less than a year ago). From my perspective, unlimited policies have a lot of upside on the financial front — they don't have to keep accrued PTO cash on the books. Of course, it has a benefit to workers, but only to those who take advantage of it and don't feel pressured by management or their peers to meet a certain number. It's been my experience so far that my peers at unlimited PTO companies take less time off, and that their "time off" is less valuable (meaning they are not completely logged out/tuned out of work) because it's coming from an infinite pool. At the end of the day, I think the balance of these policies shifts towards the financial side of the business rather than the employee's side.