Personal Finance (Not Investing) • Employer coverage for jury duty

It might help if you explain what PTO is.

I assume it is some variation of paid time off, but it does not seem that ordinary annual leave would be "unlimited".

Many large companies have gone to "unlimited" paid time off. Some actually do encourage plenty of time off, but it is subject to approval and statistically results in less time off than x weeks of annual vacation.

Thanks. I didn't know that.

FWIW it also removes "unused vacation/sick/PTO" from their books, making their financials appear better. And since you no longer have a "balance" of unused hours, if you leave (or they "leave" you), they don't have to pay out "unused" time.

While "unlimited" sounds great, it really is up to how the company implements things. Many rely on manager discretion, and not all managers have the same discretion.

OP - have you asked your manager?

Statistics: Posted by SnowBog — Sun Aug 18, 2024 8:54 pm — Replies 34 — Views 1545

---