Unlimited PTO . What?

[wired]

I just had unlimited paid time off thrust upon me at my day job instead of the usual 3 weeks vacation and week of sick leave which is about the standard. . I've heard of it before and have seen some goofy stuff in the workplace before but I don't know what to think about it.

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[Bobbygun]

I just had unlimited paid time off thrust upon me at my day job instead of the usual 3 weeks vacation and week of sick leave which is about the standard. . I've heard of it before and have seen some goofy stuff in the workplace before but I don't know what to think about it.

Sounds wonderful! Welcome to retirement. It's not underrated.

 

[Tlock]

A major agricultural chemical and fertilizer company just did the same thing. It's just a loophole for the company to not have to bank that vacation money. More than likely you will still only get 3 weeks approved

 

[VinnieBoomBah]

'If you've been going over benefits with HR for half an hour and you still don't know who the patsy is, you're the patsy.'

 

[TTSX]

Corporate austerity measures

 

[wired]

'If you've been going over benefits with HR for half an hour and you still don't know who the patsy is, you're the patsy.'

My general impression is that theyre doing it so they don't don't have to pay out people at the end of the year who don't take all their vacation allowance.

 

[arakboss]

I just had unlimited paid time off thrust upon me at my day job instead of the usual 3 weeks vacation and week of sick leave which is about the standard. . I've heard of it before and have seen some goofy stuff in the workplace before but I don't know what to think about it.

My son has it at his work. I told him it was probably a testing mechanism. Those who use a bunch, probably get the heave ho.

 

[TTSX]

My general impression is that theyre doing it so they don't don't have to pay out people at the end of the year who don't take all their vacation allowance.

Precisely. It's also been proven that people on an unlimited system tend to take less PTO overall so your company is going to save oodles of money by shafting the employees. It's not a favorable system for workers.

 

[nwslopoke]

Can you cash out any of those days? At my last job I could cash out vacation or personal absence days if I chose.

 

[roseburger]

Precisely. It's also been proven that people on an unlimited system tend to take less PTO overall so your company is going to save oodles of money by shafting the employees. It's not a favorable system for workers.

^This. The software companies love this and I've heard the general feel is that people don't take the vacation.

 

[Alexx1401]

Can you cash out any of those days? At my last job I could cash out vacation or personal absence days if I chose.

It can be great when you work for a place that does that. I have for all my time at the last place done so. Could cash out 120 hours each year. Since I get 280 a year made a nice bonus. We can also cash out any hours we have for "emergency" basis. Our sick time maxes out at 830 hours. That if you make it with the Co 20 years they will cash out 25% of that. So of course what tends to happen is when someone is going to leave they do a LOT of calling off to burn these hours. This will be the first year that I did not elect to cash out any of mine. Looking forward to all that time off.

 

[VinnieBoomBah]

Precisely. It's also been proven that people on an unlimited system tend to take less PTO overall so your company is going to save oodles of money by shafting the employees. It's not a favorable system for workers.

 

[Alexx1401]

^This. The software companies love this and I've heard the general feel is that people don't take the vacation.

I have to "guess" a lot of the workers fear that if they take time the Co will decide they don't need them anymore.

 

[TTSX]

It can be great when you work for a place that does that. I have for all my time at the last place done so. Could cash out 120 hours each year. Since I get 280 a year made a nice bonus. We can also cash out any hours we have for "emergency" basis. Our sick time maxes out at 830 hours. That if you make it with the Co 20 years they will cash out 25% of that. So of course what tends to happen is when someone is going to leave they do a LOT of calling off to burn these hours. This will be the first year that I did not elect to cash out any of mine. Looking forward to all that time off.

You get 7 weeks of paid vacation a year? When do you work?

 

[Knobgoblin]

The trick is to stay on the clock as long as possible.
Corporate hates that.

 

[wired]

The trick is to stay on the clock as long as possible.
Corporate hates that.

Salaried and Im not replaceable unless they want to do another year of head hunting.

 

[Tlock]

Salaried and Im not replaceable unless they want to do another year of head hunting.

Everyone is replaceable....

 

[TTSX]

Everyone is replaceable....

Everyone except wired

 

[Knobgoblin]

 

[arakboss]

Salaried and Im not replaceable unless they want to do another year of head hunting.

Shhh, AI might hear you.