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This is the case. I had unlimited pto at my company and people took less time off. Plus the company doesn't have to pay out unused vacation.

It's a win for the company.
Only if you let it... See my post above...

However, if you are deliberate about taking it, it can work in your favor.

Take that long holiday break. Take single days off to extend weekends.

Get it all approved as early as possible and be deliberate about it.
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When my company changed to a similar policy, it was the best thing that could happen to me. Year after year, I would take very little time off and bank up those hours. I was at 200+ when the policy changed. That was a nice load of cash. Under the unlimited policy, I would only be screwing myself by not taking all the days off I deserve. I've been at my company 16 years and under the old system, I would have received 5 weeks vacation, 2 weeks sick. We kept sick time as we have California employees and it was required. I now take 5 weeks vacation as a minimum and usually it is 6+. My quality of life is much higher taking regular vacations.
 
☝️See, y'all? It can be turned into a positive for the employee.
 
I see PTO as an earned benefit. Not taking it keeps money in the company's pocket. Thanks anyway, I enjoy my time off. I just counted it up, for 2025 I'm going to be at almost 12 weeks of taken time off. Don't get excited, that included a 5 week sabbatical.

I guess what I'm trying to say is, I'm taking time off as I feel the need. It's nice to get away from the grind and decompress a bit. I've got two weeks of "mental health" time coming up in just a week and a half.

Off for the holidays…
 
I see PTO as an earned benefit. Not taking it keeps money in the company's pocket. Thanks anyway, I enjoy my time off. I just counted it up, for 2025 I'm going to be at almost 12 weeks of taken time off. Don't get excited, that included a 5 week sabbatical.

I guess what I'm trying to say is, I'm taking time off as I feel the need. It's nice to get away from the grind and decompress a bit. I've got two weeks of "mental health" time coming up in just a week and a half.

Off for the holidays…
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I wonder how many firms that instituted unlimited PTO cut staff to make it harder to use this type of vacation. It's only good as to how much you can actually use it without getting stone walled aka approvals by management etc, or repercussions of sorts.
 
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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.
That is usually a matter of corporate policy, not law. I've worked at orgs that paid out PTO when they let you go, and some that did not. Some rolled it over year to year, some did not. Some paid out on unused PTO, some did not. Some had severance policies, some did no severance at all. Some considered you on PTO if they laid you off or you gave notice and you were out the door once you gave notice. Some just asked you to leave immediately with no form of paid leave.

My point is most US corporations don't have PTO policies mandated by law. When I worked for DTNA as a contractor, there was no PTO at all (the agency that was my employer of record did not have PTO period - until Portland, then later Oregon passed a law mandating sick leave).

When I was in the USCG, we could bank up to 90 days of leave - I used it all when I left; ~90 days of "terminal leave". I had to be able to be recalled in an emergency as my DD214 showed my separation date as the end of the terminal leave - but I never got a call/etc.
 

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