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Re:Unlimited Vacation and Other Forms of Guilt-Based Management by vinayan3 on Friday August 26, 2016 @03:04AM (#12364721)
For publicly traded companies the PTO which has not been taken is actually on the balance sheet as a liability. If that corporation moved to an unlimited vacation time they can make the balance sheets look better. Also, most companies would make people get paid out if they hit the cap. A good amount of people weren't taking vacation and took the extra pay checks.

A big tech company changed the polices when I used to work there for the aforementioned reasons.

Re:Unlimited Vacation and Other Forms of Guilt-Based Management by dethswatch on Friday August 26, 2016 @05:10PM (#12369325)
In addition, there was also the, "The company is closing down during the week before New Years so that you may spend more time with your family."

Which is a not so clever way of clearing vacation off the books also.

I will no longer work for companies that play similar games.

I urge others to consider doing the same.