Unlimited PTO, is in my opinion a scam to make sure the unused PTO does not accrue as a liability on the books and has dubious value to employees. At least in s

Unlimited PTO, is in my opinion a scam to make sure the unused PTO does not accrue as a liability on the books and has dubious value to employees. At least in states that require payout of unused PTO when you leave. In most cases it is dependent on the managers approval as well so it rarely ever (again, anecdotally based on my experiences) results in more PTO that you would have had and often results in less. It also creates a bit of a situation internally where people feel guilty or are shamed (sometimes even by other peers not managers) for using too much. On the flip side, at least you don't have that "I don't want to use my PTO incase there is an emergency" and "I'll go in sick to avoid using a sick day" effect. On this note though... > of working at a company without formal time off tracking. No company doesn't have formal tracking. They are most certainly tracking it closely. There just isn't a defined ceiling in the system. Disclaimer: I'm a bit biased since it bit me. My employer switched to unlimited PTO without warning and previously had all the vacation days accrue on Jan 1st (and no carry-over) so literally if I left Dec 31st I would have gotten paid out 4 weeks (since I barely took any time off this year) but I left after the policy took effect so I didn't get paid anything. So I'm a bit bitter.