It is 100% this and ALSO people take fewer PTO days if they are unlimited than if they have some specific number they know they can take. It is a grift.https://twitter.com/chadloder/status/1081703710294589441 …
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If you have "unlimited" vacation, try telling your boss you're taking 3 months off.
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The only actual data I've been able to find on how many days they actually take off is anecdata from a single company who said that on average employees take the same number of days off with unlimited vs limited PTO in this non-scientific article (https://www.fastcompany.com/3052926/we-offered-unlimited-vacation-for-one-year-heres-what-we-learned …)
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In this article, which is obviously a propaganda piece designed to sell the concept of unlimited vacation, they basically admit that employees really like the policy even though it confers no actual benefit. Yes, that's how the con works.
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Weird how no one is getting grants to research the actual effects of unlimited PTO on the workers eh?
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I especially like this bit where they admit that it's just propaganda.pic.twitter.com/XpaOZFlUyQ
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Replying to @ReinH
I counted once and when you add up all the half days for kid stuff and sick time (for the union of me & kids) and errands I can only do during the day - just THAT stuff is three weeks a year. So unlimited vacation really works out for me personally :)
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Replying to @ReinH
Yeah. For a younger workforce with fewer obligations, it seems like a much worse deal.
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At my company we have a set number of vacation days in addition to being able to take unlimited misc sick (or kid sick) time. I think it works well. It does force me to take the vacation as vacation.
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This does seem like it might have the advantages of both with fewer of the disadvantages of either.
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