Last year I eliminated our PTO policy. I called it "unlimited."
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"Unlimited" PTO, from an employee's perspective, is an obvious trap that borders on a scam. Everyone knows that, practically speaking, there can't really be unlimited PTO. When a company says it has unlimited PTO, what it's really saying is "we won't tell you the limit". That makes taking PTO a fearful thing, which is probably the whole idea.
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