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Funny, the last two startups I was at did this, to remove the PTO hours from the books, after a funding crunch. At my current company, they had a funding crunch
by ok_dad 4y ago
Funny, the last two startups I was at did this, to remove the PTO hours from the books, after a funding crunch. At my current company, they had a funding crunch, and instead of going to DTO, they simply changed the PTO policy to not carryover as much PTO, so they only have what they can handle on the books. The idea is for everyone to take vacation more often! I prefer this method, as now the employees are forced to take some time off, even if it's at the end of the year.