The Hidden Secret Behind Unlimited Paid Time Off (PTO) & Why You Would be Better Off Passing on This
Learn the real reason why the most progressive companies offer unlimited Paid Time Off. Hint: It’s not because they are being generous.
Would you love to work for a company (i.e. Chegg, LinkedIn, Netflix) that offers unlimited paid time off (PTO)? It sounds appealing. However, do you really know what the hidden secret is behind offering this benefit?
Probably not.
If you currently work or plan to work in the U.S., then it’s time to learn about this trendy policy of unlimited paid time off that is growing in popularity among progressive companies. The secret behind it may surprise you.
According to MetLife’s 2019 Benefit Trends survey, 72% of employees want unlimited paid time off.
Source: MetLife
72% of employees surveyed want it, but what is it really?!?
Let’s dig in.
Unlimited Paid Time Off (PTO) Explained
The concept of unlimited paid time off is that an employee can take time off without restriction* and in an unlimited* fashion. In truth, it…