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I used to work with a company that have standard PTO allotment. E.g. you get 3 weeks of paid PTO that accrue on a monthly basis. I can take 3 weeks off in one shot and everyone is fine. When I leave the company, I get paid for the unused PTO days that i have accrued. I now work for a startup with “flexible” PTO. They said I can take as many days within “reason”. But this is bullshit because the “flexible” PTO come with this rules: - taking more than 1 week PTO is frowned upon - company guideline is to NOT take more than 2 weeks off, even if it falls on a holiday - you are not allowed to take a total of 3 weeks off in one calendar year I know I am not going to take 5 weeks off in one shot, but if they are going to have this kind of rule, why not just go back to the traditional PTO? At least I can bank on unused PTO and get paid if I leave the company.
You forgot to say it is at managers discretion. So they don't have to pay you when you leave. It is your problem if you did not take any PTO. We are so flexible. # sarcasm. In addition, this is a balance sheet issue for companies. They do not want to record this liability. Make the books look better. Don't you hate that. There was a B in my department that took 8 , this is not a typo, 8 weeks of PTO. While some of us barely took 2.
Folks at my company take 4 weeks of PTO and go to India all the time. I myself have taken loads of PTO. It’s your company.
I can understand the not allowing over a week or two without some vetting process, but if you're limited to 3 weeks in a year, than that's just 3 weeks pto, does that even classify as flexible?
The company would not admit it. Also doesn’t wanna pay employees for unused ptos when they leave the company. It’s a remarkable scam. Thanks netflix!
I think 4 weeks is pretty customary when a company offers unlimited pto
I did not know that. My company policy is no more than 3 weeks in a given year.
The unlimited pto is a marketing gimmick. It all depends on your manager 🤔
What did you expect from a startup? They are understaffed and would have a two week limit on PTO regardless of the accrual method. Companies switch to flexible PTO, so they don’t have the liability accruing on their books.
I have worked for a couple startup that does NOT have flexible PTO, just a standard one that you accrue. Not all startup are severely understaffed. “Liability accruing in their books”. Nope. It’s a cost of doing business
It sounds like you already know the answer to your question.