I honestly can’t wrap my head around this no matter how much I read.
In: Economics
Two things:
1. When you leave a company they often are supposed to pay you for the remaining vacation days you had accumulated. With unlimited, they dont have to pay you anything. When uve been at a company a long time and accumulated a lot of days, this can be a hefty bonus.
2. On average, companies with unlimited pto actually have employees take less pto than companies that have set days of pto. Unlimited pto is often a trap as people feel pressured to work and actually using the unlimited pto liberally is often discouraged or sometimes ur pto requests can be straight up denied depending on company culture. And if all ur peers use very little pto, u also feel the pressure to not use pto. As a result, u actually end up using less days than a company that gives an assigned number on average. U COULD be the sole person taking advantage of it but u will have a target on ur back come layoffs or have less chances of promotions
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