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At FAANG the PTOs roll over (but there's a maximum cap, usually 1 full year of saving PTOs) + when you leave the company they convert to cash based off your hou
by Vadoff 5y ago
At FAANG the PTOs roll over (but there's a maximum cap, usually 1 full year of saving PTOs) + when you leave the company they convert to cash based off your hourly salary.
- lbotos 5y agoThere was a great money stuff by Matt Levine where he talked about bankers doing vacation arb, where they would not take any vacation early, work through a few promotions, and then get paid out the vacation when they left at the higher hourly rate.