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I haven’t worked somewhere with unlimited PTO. That said, at least in California, accrued PTO is considered compensation and must be paid out at your current ra
by el_benhameen 3y ago
I haven’t worked somewhere with unlimited PTO. That said, at least in California, accrued PTO is considered compensation and must be paid out at your current rate if you’re terminated or leave your job. This is not true of “unlimited” plans as you’re not accruing anything.
I’ve always felt like the unlimited thing gained popularity partially because it’s a way for the company to avoid having a liability on the books. So not a “scam”, but not done out of total benevolence.