I honestly can’t wrap my head around this no matter how much I read.
In: Economics
From my experience, its usually not actually unlimited. Its just a sales tactic to entice new hires.
There is usually some unspoken limit that will get you fired and nobody knows what that limit actually is, so everyone is scared to take more than a few days of PTO at a time, and in the long run people either abuse the hell out of it and get fired or are scared to use it and end up getting less time off than they would have in another job.
Generally the places with these types of sales tactics either have high turnover or have a hard time finding candidates in general.
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