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AFAIK accrued PTO sits on the books of the companies as a liability (or expense or whatever) since they have to pay for it when the employee leaves/is terminate
by yumraj 4y ago
AFAIK accrued PTO sits on the books of the companies as a liability (or expense or whatever) since they have to pay for it when the employee leaves/is terminated.
Unlimited PTO doesn’t accrue and hence does not show on the books.
That IMHO is the primary benefit to the companies.
- cyanydeez 4y agoRight, that's exactly what I saw when my company did this. If people saw the loss of guaranteed benefits to something entirely in the companies benefit, I heard nothing. HR sold it like we were gaining something. The people who gained the most were managers without specific output. Imagine you accrue enough portfolios, and now your set.