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re: Is unlimited PTO actually a bad deal?
Posted on 4/4/22 at 9:52 am to fallguy_1978
Posted on 4/4/22 at 9:52 am to fallguy_1978
quote:
I get 30 days per year and have difficulty taking that much time off most years. Plus my wife doesn't get nearly as much as I do.
I'm in the same boat. But we both have unlimited sick days. Or if we're just not feeling well but not sick enough to warrant taking an actually sick day, we can WFH.
2
Posted on 4/4/22 at 9:53 am to Yaboylsu63
quote:
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.
Yes. I have OKR’s, projects, key deliverables, etc. I just write really good business plans and policy docs that are spelled out in detail and distribute it to my team, my manager, and my colleagues to keep the ship running smoothly while I’m out. I don’t schedule time off during product launches.
I also only work 4x10’s so I’m off every Saturday-Monday.
Edit: I work for a large fin tech company
This post was edited on 4/4/22 at 9:56 am
Posted on 4/4/22 at 9:54 am to Yaboylsu63
You won't get a check when you leave for unused PTO.
As far as when you are working there, depends on the company. If the company full embraces the concept, then they won't pressure you to not take PTO.
A lot of companies are run by people who think they need to offer the latest fad because some consultant told them about it, but they have no actual idea how to make it work for everyone.
As far as when you are working there, depends on the company. If the company full embraces the concept, then they won't pressure you to not take PTO.
A lot of companies are run by people who think they need to offer the latest fad because some consultant told them about it, but they have no actual idea how to make it work for everyone.
Posted on 4/4/22 at 9:54 am to Yaboylsu63
But Dan Price's company has this policy and he's the Jesus Christ of bosses. Surely the policy comes from a place of virtue.
Posted on 4/4/22 at 9:54 am to Epic Cajun
quote:
How does reporting on this work? Do you still report PTO in a payroll system, or do you just report it to your manager and they keep track of it?
Engineering consulting firm, ergo we live and die (mostly die) by the timesheet. I think they get a separate code to input.
Posted on 4/4/22 at 9:55 am to Centinel
quote:
I'm in the same boat. But we both have unlimited sick days. Or if we're just not feeling well but not sick enough to warrant taking an actually sick day, we can WFH.
I make myself take a random day per month just to burn some so I don't lose any. I've gotten to where I really enjoy taking off on Monday rather than Friday. You still get an extended weekend and you get to miss the worst day of the week
Posted on 4/4/22 at 9:56 am to fallguy_1978
quote:
I get 30 days per year and have difficulty taking that much time off most years. Plus my wife doesn't get nearly as much as I do
Back when I was single, I had a job that gave us 28 days with no carry over. I’d sit on them the first half of the year, then take nearly every Monday and Friday off during football season.
Posted on 4/4/22 at 9:57 am to JumpingTheShark
quote:
Always worse than an allotted amount that increases with tenure.
And they need to have an eventual expiration date. That's a soft encouragement to expunge those liabilities from the company and have the employee take time off every now and then.
Good for the company and the employee.
Unlimited PTO is really just good for the company and short term employees who might try to abuse/game the system. It's bad for everyone else.
This post was edited on 4/4/22 at 9:58 am
Posted on 4/4/22 at 9:58 am to Yaboylsu63
I started with a company in January that has a uPTO policy.
I can only speak for my company and how they treat it, but it's great. It is unlimited, but they say everyone must have taken a MINIMUM of 20 days per year, with at least 1 full 5 day work week off.
On average people take 25-30 days off a year.
They really value walking away and being recharged.
I can imagine some places make it a bad deal, but not here.
I can only speak for my company and how they treat it, but it's great. It is unlimited, but they say everyone must have taken a MINIMUM of 20 days per year, with at least 1 full 5 day work week off.
On average people take 25-30 days off a year.
They really value walking away and being recharged.
I can imagine some places make it a bad deal, but not here.
Posted on 4/4/22 at 9:59 am to fallguy_1978
quote:
I make myself take a random day per month just to burn some so I don't lose any. I've gotten to where I really enjoy taking off on Monday rather than Friday. You still get an extended weekend and you get to miss the worst day of the week
I call those "mental health" days...I like to take random Wednesdays off here and there to break up the week.
Posted on 4/4/22 at 10:00 am to Splackavellie
quote:
It sounds great, but you almost always end up taking less PTO.
This.
If an amount of PTO is not in writing, it's not "protected" and people end up taking less.
Posted on 4/4/22 at 10:01 am to Yaboylsu63
As someone with unlimited PTO, it's a way of making sure every time off request is at the mercy of your leadership, and that they never have to pay out your accrued PTO at end of the year/whenever you leave the company
Posted on 4/4/22 at 10:01 am to bikerack
quote:
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.
Ours is pretty much this but some people still end up taking too little time off. So, the management team is supposed to push them into taking time off if they don't.
Posted on 4/4/22 at 10:01 am to thegreatboudini
quote:
. It is unlimited, but they say everyone must have taken a MINIMUM of 20 days per year, with at least 1 full 5 day work week off.
This is only way to really do it. Otherwise you are going to be at the mercy of your manager.
Posted on 4/4/22 at 10:01 am to thegreatboudini
quote:
It is unlimited, but they say everyone must have taken a MINIMUM of 20 days per year, with at least 1 full 5 day work week off.
This is a great idea.
Posted on 4/4/22 at 10:02 am to Yaboylsu63
It probably varies by industry.
In places where you're expected to work at certain times, be in the office on a regular schedule, etc. - I think it's a net negative.
I think where it comes in handy is in a profession where nobody cares if you take an afternoon/morning anyway and you generally don't have to tell anyone if you're out of the office. That said, if you have one of those jobs (and can do that without taking PTO) and have generous PTO that an employer generally expects you to use, that's the perfect scenario. My wife is in that boat. She generally does what she wants and also gets to take 2/3rds of December just to burn up PTO.
In places where you're expected to work at certain times, be in the office on a regular schedule, etc. - I think it's a net negative.
I think where it comes in handy is in a profession where nobody cares if you take an afternoon/morning anyway and you generally don't have to tell anyone if you're out of the office. That said, if you have one of those jobs (and can do that without taking PTO) and have generous PTO that an employer generally expects you to use, that's the perfect scenario. My wife is in that boat. She generally does what she wants and also gets to take 2/3rds of December just to burn up PTO.
Posted on 4/4/22 at 10:03 am to Centinel
quote:
But we both have unlimited sick days.
That would be helpful during a pandemic. There's more societal pressure to not RIF people who have to take leave due to illness or to take care of a family member.
We aren't unlimited but we have a special billing code in since 2020 to have up to 3-4 weeks in case we are out with Covid or have to take care of a family member who is sick. We have billable hour goals that we have to meet annually though, one way or another. Go over or under that too much and it hits you.
I've only taken 2 weeks of the Covid leave because I had my child's day care was closed for 1 month due to an outbreak. But I try to time the PTO with my wife's schedule so we can have time off together, and she doesn't get a lot of time off. So I'm at well over 115% of billable goals over the past 18 months.
But we also offer 16 weeks paid family leave, and I took that in 2020. So I felt like I owed it to my company to go the extra mile and I have said "yes" to a lot of new responsibilities as a result. It has been extremely exhausting lately though. Looking forward to my week off in May, followed by another week off in July.
Posted on 4/4/22 at 10:05 am to bikerack
quote:
I call those "mental health" days...I like to take random Wednesdays off here and there to break up the week.
That's a good strategy.
I also find that a Friday or Monday here or there that turns a weekend it into a 3 period off can really help in high stress environments.
Posted on 4/4/22 at 10:07 am to OceanMan
quote:
Oh yay you are stealing from the rest of the people in your state
For your butthurt...
You're welcome.
Posted on 4/4/22 at 10:07 am to Yaboylsu63
Guess it depends on your personality.
We don't have structured PTO - it is "unlimited". There are no forms or requests or anything formal when you take off. You just.. are off. If it's a trip you're going on or block time off for whatever reason, you put it on the shared calendar so others know you're gone. But appointments, taking the day off to just screw around, etc. are just at your leisure. There is a level of trust that your clients are happy and important work isn't pending, which all of us are smart enough to understand.
I don't take a lot of long trips each year, or need a lot of block time off, so the majority of my PTO comes in the form of the day to day. Working half the day, going out to lunch, and taking the afternoon off. Those sorts of things. As long as the clients aren't complaining and all deadlines are met, nobody really cares. We are pretty good about not taking complete advantage of it, while still getting plenty of PTO.
We don't have structured PTO - it is "unlimited". There are no forms or requests or anything formal when you take off. You just.. are off. If it's a trip you're going on or block time off for whatever reason, you put it on the shared calendar so others know you're gone. But appointments, taking the day off to just screw around, etc. are just at your leisure. There is a level of trust that your clients are happy and important work isn't pending, which all of us are smart enough to understand.
I don't take a lot of long trips each year, or need a lot of block time off, so the majority of my PTO comes in the form of the day to day. Working half the day, going out to lunch, and taking the afternoon off. Those sorts of things. As long as the clients aren't complaining and all deadlines are met, nobody really cares. We are pretty good about not taking complete advantage of it, while still getting plenty of PTO.
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