Doomsday is coming
Where did you get the memo?
It's all over news
That’s a good thing. It tests the people who have boundaries and personal wellness skills and those who don’t.
How does that change anything? I know many people there that are always on "vacation".
Unlimited PTO is lot of expense right? How is it cost cutting?
They won’t have to pay for earned leaves now
Accrued PTO is kept on the accounting books as part of your compensation. For a company's accounting, it would be add to the "cost" of labor. The company can't spend that money on anything else. Unlimited PTO has no accounting value, meaning the company is free to use that money for other things. Say you have a 100 employees with wages at $100/hr and they have 4 weeks vaca (160 hr), that's 100*100*160 = $1.6 Mil locked away. If you go to unlimited PTO, that's 1.6 Mil the company can spend on other things.
Ah, now really circling the drain.
oh damn is this so that accrued time off doesnt get paid out? 💀
What about sick days? Going to unlimited too, or still only ten?
Only ten obviously
Is that confirmed?
Yup email already sent out to managers
Oh no