It’s interesting that the average number of days taken with unlimited PTO is 16. Basically that’s about 3 weeks off per year. At this point at my job, I get 4 weeks, which is 20 days, plus another 9 because a while ago the company did away with sick day accruals and turned it into extra PTO. And you have to take a certain number of days each year or risk not accruing more days. So at this point, unlimited PTO doesn’t have much allure for me because I don’t take all of my days now anyway. And we know one reason companies do this is that, in the event you leave, there is no unused PTO to have to pay out to you.
It’s interesting that the average number of days taken with unlimited PTO is 16. Basically that’s about 3 weeks off per year. At this point at my job, I get 4 weeks, which is 20 days, plus another 9 because a while ago the company did away with sick day accruals and turned it into extra PTO. And you have to take a certain number of days each year or risk not accruing more days. So at this point, unlimited PTO doesn’t have much allure for me because I don’t take all of my days now anyway. And we know one reason companies do this is that, in the event you leave, there is no unused PTO to have to pay out to you.