My company is converting to unlimited PTO

Basically, you can take as much PTO as you want as long as your manager approves it. So there is no sick time, floating holiday, vacation, etc. You just tell your boss you will be taking time off and you are good.

On the one hand, I like it. On the other hand, I am probably going to be the type of person who doesn't take any time off and no longer has the "use it or lose it" incentive to do so anymore.

God damn you lucky son of a gun

The "needing to be approved" caveat is the bad part of it. Seen of a couple of snippets from people whos work places converted to unlimited to unlimited pto and rarely ever approved it. Hope it works out for you.

Hope it works out... But I think I'd like the regular version more...

LinkPizza posted...

Hope it works out... But I think I'd like the regular version more...

This. I just wish I had more of it.

I'm basically in that position now. I'm salaried - so when the job is done it is done.

On one hand, I get paid for full-time work and I probably do the equivalent of 3 days of work a week.

When crunch time hits, I'm working all day & weekends, etc. but spread throughout the year I prefer having the light workload vs taking a couple weeks off a year.

dragon504 posted...

The "needing to be approved" caveat is the bad part of it. Seen of a couple of snippets from people whos work places converted to unlimited to unlimited pto and rarely ever approved it. Hope it works out for you.

I am not worried about that because you still needed PTO approved when we had limited. And we know the "bad" months are quarter end months (March, June, September, December), which managers have to make sure most teams are still running at or close to full capacity. Plus, managers have had this policy for several years now, they have just decided to give it to the employees due to most of us being remote/WFH.

LinkPizza posted...

Hope it works out... But I think I'd like the regular version more...

Yea, like I said my biggest thing now is going to be remembering to take PTO. With limited PTO I had my manager in my ear telling me "You need to take some PTO because it is July and you still have 3 weeks left" or something like that.

My dad's company switched to this and now he and his coworkers tend to take less days off overall now

Zangulus posted...

Those systems are generally a scam. Use your time off. At least as much as you would have gotten regularly. Its meant to dissuade you from using it so you work more, and they dont have to pay you any accrued hours when you leave.

so much this

when I only had to get a manager to approve time off I would almost never take any and my boss would always act like it was a big hassle for me to take time off

then I got my first job where I actually earned PTO and sick days and everything and it was way better. If I needed to take time off I just used my PTO and that was the end of it. Much better system.

I think it'd just be best to track your own use of PTO and try and make sure you're still using it similarly to before. Adds a little homework to yourself, but the reason companies are going this way is that people feel guilty about using it and worry they will be perceived as taking advantage.

Yeah its a scam. People have been documented to take way less time off if they have "unlimited"