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Exactly, that's why companies offer unlimited rather than a generous amount. I worked for a firm that gave 30 days of PTO a year (in addition to holidays and w
by prepend 4y ago
Exactly, that's why companies offer unlimited rather than a generous amount.
I worked for a firm that gave 30 days of PTO a year (in addition to holidays and whatnot). They budgeted it as an expense and planned accordingly.
It would be interesting to see what "unlimited" vacation giving firms budget and plan for as a liability.
If the goal is high employee morale, then they should budget and plan a very high amount. If the goal is to "benefit signal" to pretend they have good benefits, then they will only budget a low amount.
- cyanydeez 4y agoThey plan zero. Unlimited PTo relies on the rest of the business processes to regulate behavior. For consultants, %. Billable will dictate your unlimited PTO. for widget making, quotas will work. For project assignments, expect tighter deadlines. Company culture will dictate usage and accounting gets to remove the liability.
- dragonwriter 4y ago> It would be interesting to see what "unlimited" vacation giving firms budget and plan for as a liability. “Unlimited” (=non-accruable) PTO isn’t a liability, that’s (from the firm’s perspective) the whole point of using it.