Others have noted the risks involved with unlimited PTO, but FWIW, I have been able to enjoy this perk at my current job. This is just to say that there exists

Others have noted the risks involved with unlimited PTO, but FWIW, I have been able to enjoy this perk at my current job. This is just to say that there exists at least one place that does it "right", and it's a rather great thing. I took 6 weeks off last summer, in addition to a week off for Christmas and another for Easter. I work remotely for a SV startup. I should note that I'm definitely right-of-the-bell-curve on this. I very intentionally decided to enjoy the perk. My employer was cool about it, but I suspect it's because my productivity is also above average. I should also mention that I think this long vacation time does wonders for my productivity on the job, and that most Americans I've encountered under-estimate both the extent to which disconnecting from work is important, and how long it takes to truly disconnect. In sum, I think unlimited PTO can be an incredible perk, but you have to pay very careful attention to the company culture, and be prepared to leave if it's not what you expected.