Hacker Newsnew | past | comments | ask | show | jobs | submitlogin

"Unlimited vacation" is largely an accounting trick. Unused PTO is an accrued liability on a balance sheet. By replacing PTO with "unlimited vacation", companies are simply eliminating this liability from their balance sheets. When you have a large, highly-paid workforce, this adds up.


Absolutely true. I used to work at a company that was begging us to use our PTO because it was impacting the books too much.




Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact

Search: