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Yaboylsu63
LSU Fan
Member since Mar 2014
949 posts
 Online 

Is unlimited PTO actually a bad deal?

Just got offered a position at a company that offers “unlimited PTO” as a perk.

Anyone with this want to comment?

My concern is that I will have deadlines and quotas to meet, so it’s not like I can be taking off all the time. And if I’m not accruing PTO in the “bank” I don’t see any time or financial benefit at years end for not going on vacation.

If I am allotted 3-5 weeks a year, at least if I put off vacations during the year because of work I can use them by end of year and take an easy Nov or Dec or roll them over if allowable.


Splackavellie
New Orleans Pelicans Fan
Bayou
Member since Oct 2017
7842 posts

It sounds great, but you almost always end up taking less PTO.


PhiTiger1764
LSU Fan
Lurker since Aug 2003
Member since Oct 2009
12967 posts

The concept of unlimited PTO is fricking dumb and designed to get you to feel guilty for taking off and ultimately use less PTO.

Unlimited PTO? Just go on PTO forever.


TexasTiger90
Rocky Mountain High
Member since Jul 2014
3576 posts

There are studies out that when offered "unlimited PTO", employees tend to take time off much less. There's also those times at the end of the year where "use it or lose it" comes into play, so employers remove that issue by offering unlimited PTO.

FWIW, I had unlimited at my previous employer, and I accrue 6 hours per pay period with my current employer. I take PTO much more regularly now than when I did with unlimited PTO.


LNCHBOX
LSU Fan
70448
Member since Jun 2009
77437 posts

Yes because they shame you for using it, and then there is no balance to payout when you leave. It's horrible for the employee.


Odysseus32
LSU Fan
Boise, ID
Member since Dec 2009
6024 posts

quote:

And if I’m not accruing PTO in the “bank” I don’t see any time or financial benefit at years end for not going on vacation


It only benefits companies unless you manage to use more vacation than you would otherwise.

Taking 5 weeks of vacation that you've accrued is a right and most people will take it. Taking 5 weeks when there is unlimited and your coworkers are only taking 2-3 weeks all year suddenly seems like you're taking advantage of the policy. Shame on you.

If you don't care about that and take a week every other month, or a few weeks a couple times during a not busy season, it's great. The truth is most people don't do that and feel guilty about it. And then when they do leave, there is no vacation payout. Again, a win for the company.
This post was edited on 4/4 at 9:33 am


bikerack
Houston Astros Fan
NH
Member since Sep 2011
1128 posts

I believe it really depends on the org.

I have one friend with unlimited PTO and they are cool about it. They know he will get his job done and he takes off when he wants.

I have another friend with unlimited PTO and he hates it because its pretty much expected that you never take it.


fallguy_1978
LSU Fan
Best States #50
Member since Feb 2018
40537 posts
 Online 

I don't have it but I think I'd end up taking less time off feeling guilty that I was abusing it. I think I'd rather have a set number of days.


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100
Dawgwithnoname
Louisiana Tech Fan
NE Louisiana
Member since Dec 2019
4032 posts

They know you won't take it or thy wouldn't offer it.


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130
upgrayedd
US Space Force Fan
Lifting at Tobin's house
Member since Mar 2013
128493 posts

Sounds like a great idea but people always end up taking less time than they would with an allotted amount of PTO. Plus, employers can get rid of you without paying out your accrued vacation.


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90
Cotten
LSU Fan
Memphis
Member since Jan 2018
1094 posts

It's a gimmick. In my opinion, companies do this so that they are the definers of "unlimited".

2-3 weeks written in an offer per year is defined and you can't get told you're taking too much PTO if you use their written definition.

"Unlimited"=You took two weeks off for vacation and we feel that's way too much...you should be honored to work 16 hour days for us and never want to take PTO. You're fired.

That, and almost every academic study on this topic has shown that employees at companies with unlimited PTO actually feel pressured to not and do take less time off.


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41
Bard
LSU Fan
Poli Board President-Elect
Member since Oct 2008
44637 posts

The state has unlimited PTO accrual, it's one of the few perks of having a state job. PTO rolls over indefinitely but when you retire you get paid for only up to 300 hours of it. I've known of people to "retire" by taking months off before their official retirement date.

Sick hours roll over indefinitely as well (yes, they are separate hours and while you can use PTO for sick, you can't use sick for PTO).

I generally just bank my PTO then take off a week or two at a time for vacations and such. WFH during COVID, I never took an hour off so I've been flush for a while now.

This post was edited on 4/4 at 9:39 am


Epic Cajun
New Orleans Pelicans Fan
Lafayette, LA
Member since Feb 2013
28612 posts

quote:

It sounds great, but you almost always end up taking less PTO.


This would be my assumption.

At my work, we can only carry 1 week into the following year, and we can't cash out. So, we're guaranteed that we can use the rest of our PTO during the year. If you work somewhere that doesn't have any set PTO hours/days you aren't guaranteed that you can take any of it.

My BIL took a job with this PTO situation recently and I just told him to take like 3 weeks spread throughout the year.


The Spleen
Alabama Fan
Member since Dec 2010
38863 posts

I had it at my former job, and usually took around the same amount of days each year. The biggest difference I saw was I took more random days off, instead of planning around holidays and/or vacations.

There was a tone there against taking days around Christmas, but I ignored it and usually took 2 weeks off at the end of the year. Newer associates said they didn’t feel comfortable taking time off around Christmas.


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31
7thWardTo314
Member since May 2017
826 posts

My company has unlimited PTO and I fricking love it.

I was off a week in January, a week in March, and I’m off this week.

I also have a week coming up in May, 2 weeks for my birthday in August.

I don’t think I could ever go back to accruing PTO


PhiTiger1764
LSU Fan
Lurker since Aug 2003
Member since Oct 2009
12967 posts

quote:

The state does this, it's one of the few perks of having a state job. PTO rolls over indefinitely

I don’t believe this is what the OP is talking about. State employees accrue a defined amount of PTO per paycheck.


Epic Cajun
New Orleans Pelicans Fan
Lafayette, LA
Member since Feb 2013
28612 posts

quote:

The state does this, it's one of the few perks of having a state job.


When I worked for LSU we had 2 options. I don't remember the exact specifics of option 2, but it was something like this:

Option 1: you accrue 16 hours per month, but you have a cap of 176 total hours, you can't accrue any hours after you hit the cap

Option 2: you accrue 8 hours per month, but you don't have a cap on the number of hours you can accrue

I took option 1 and once I made it to my cap of 176 hours, I just took 2 days off every month without using any PTO
This post was edited on 4/4 at 9:41 am


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40
Bard
LSU Fan
Poli Board President-Elect
Member since Oct 2008
44637 posts

quote:

I don’t believe this is what the OP is talking about. State employees accrue a defined amount of PTO per paycheck.


Just realized that and re-worded my answer.

I've never heard of truly unlimited PTO before (ie: without needing to accrue it).


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fallguy_1978
LSU Fan
Best States #50
Member since Feb 2018
40537 posts
 Online 

quote:

At my work, we can only carry 1 week into the following year, and we can't cash out

We can cash out a week twice per year and I can carry over 350 hrs. I'm well over the cap right now too.


Yaboylsu63
LSU Fan
Member since Mar 2014
949 posts
 Online 

7th, do you not have milestones or quotas to meet? I don’t know how I can accomplish my work load taking that much time off unless I was working on my vacations a decent bit.


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