Unlimited vacation days sound like a dream. Imagine being able to take off and go to the beach anytime you like. Or perhaps beach trips aren’t your thing, so you can go skiing every Friday or stay home every time your children are out of school. Think of the money you’ll save by not having to pay for child care during those times!
Unfortunately, unlimited PTO doesn’t really work that way in practice. You still need to do your job, which means you still need to work. And if you don’t do a good job and get all of your work done, you’ll be fired. So, unlimited PTO doesn’t necessarily translate into more time off.
Forbes says that everyone should offer unlimited PTO, based on Netflix’s example. After all, given today’s knowledge economy and the instant availability required in most jobs—time that isn’t tracked—why bother tracking time away from the office? It makes some sense, but it doesn’t always work in the employees’ favor. Here are some examples.
To keep reading, click here: Should Your Company Offer Unlimited PTO?