Re:Why Unlimited Paid Time Off Is a Bunch of BS
by hwstar on Saturday October 17, 2015 @04:51PM
(#10406020)
Another downside to unlimited PTO is if the company decides to lay you off. If PTO is defined, then in California, they have to pay it to you. If it is unlimited, then there is nothing they need to pay you.
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Re:Why Unlimited Paid Time Off Is a Bunch of BS
by spectralblu on Saturday October 17, 2015 @04:55PM
(#10406041)
This is important. With unlimited PTO, you no longer accrue PTO hours per pay period. Those unused PTO hours are legally required to be paid out at your usual rate when you leave, regardless of reason. I'm actually surprised that this isn't mentioned in the article at all.