Our is not use or lose - we accrue and max out at amount based on tenure
a couple of years ago they moved all sales people to unlimited PTO, with a couple of basic caveats, primarily management approval.
When these people were moved, they're accrued balances were paid at 100% of current salary.
As I understand it, companies do this to reduce their own liabilities - since they have to pay out when people leave, that money is a potential liability on their books. If they move to unlimited, it's off the books. It's not done solely to give people a work/life balance.
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In response to this post by RoswellGAHokie)
Posted: 03/03/2022 at 2:36PM