My company has transitioned to an unlimited PTO plan effective Jan 1. CA employees have been told we will not be compensated for PTO we accrued before the transition. Instead, we will be transitioned to the unlimited PTO policy after we use up the time we have banked. Have any other CA employees had a similar experience? I’ve heard Netflix transitioned to unlimited PTO and I’d love to know how management handled that transition. Thanks!
Unlimited PTO means you won’t get paid for any PTO when you leave because you technically have none. You only have what you already took. Scam.