I was working in a European branch of a SF based private company. It’s a company that tries really hard to have good optics everywhere, from being listed as PBC down to “support and inclusion” talks.
US employees officially had “unlimited” vacation days, European had 25. Plus the company has a practice of giving an extra Friday off once a month, plus few days for Christmas break plus one year there was a week of summer break.
That year with a summer break employees in Europe got over 40 days of vacation. 35…37 without it. Plus bank holidays and sick leaves.
I was freaking out after learning that US employees with the unlimited time off were getting under 20. Whenever an employee was using more than 15 vacation days a year, they were presented with an inquiring interview from their manager trying to figure out why they need so much rest.
Unlimited PTO is an accounting dodge because PTO shows up as a liability on the books if it is defined, because if they liquidate the business they need to pay it out in lieu. And number doesn’t go up.
Which is why they also don’t allow carry-over in most cases.
I was working in a European branch of a SF based private company. It’s a company that tries really hard to have good optics everywhere, from being listed as PBC down to “support and inclusion” talks.
US employees officially had “unlimited” vacation days, European had 25. Plus the company has a practice of giving an extra Friday off once a month, plus few days for Christmas break plus one year there was a week of summer break.
That year with a summer break employees in Europe got over 40 days of vacation. 35…37 without it. Plus bank holidays and sick leaves.
I was freaking out after learning that US employees with the unlimited time off were getting under 20. Whenever an employee was using more than 15 vacation days a year, they were presented with an inquiring interview from their manager trying to figure out why they need so much rest.
US has no work culture, it’s exploitation.
Unlimited PTO is an accounting dodge because PTO shows up as a liability on the books if it is defined, because if they liquidate the business they need to pay it out in lieu. And number doesn’t go up.
Which is why they also don’t allow carry-over in most cases.