Unlimited PTO is always in the company's favor because even if you try asking for more time off than you might have been granted your manager can simply claim that now isn't a good time, or say too many people have asked for the same days off, or point out that others haven't taken as much time off so they should get more time off before you do and because it doesn't risk you not using limited time off they can feel like it's not a problem and it leaves you with no way to prove a loss.
There's no forced PTO, though good managers will encourage you to take it. That's relatively common from what I gather.
I've never had any friction around taking time off, if I was responsible about clearing/delaying/delegating projects and getting my day-to-day work covered.
It's easy to fall in the psychological trap of thinking you never can, sure, but since Netflix pretty much starts at the Senior level for hires (biggest reason they aren't in the first two sections probably) I think it's less of an issue. The fact you see your coworkers taking time off without the world blowing up is also a powerful social cue.
I'd never trust a startup with unlimited PTO, but Netflix actually does mean it.
I'm so tired of hearing this. I think there are some professions/job levels where that is true (client facing jobs or higher up managers), but for most non-management development jobs, this just isn't the case. I've worked at three different companies that have had unlimited time off (I seek it out now) and I have plenty of friends who have worked at companies that have unlimited time off as well.
I've had a few friends work at companies where "unlimited time off" = "no time off", but those are the exception not the rule, in my experience (and usually down to a bad manager somewhere in the chain of command).
I've been at my new company 6 months and have already taken 4 1/2 weeks off. I had a friend take 6 weeks off to backpack through Europe. Two companies ago I took off the entire month of September one year. I'm convinced people who say "Unlimited time off is bullshit" are just bad communicators.
If are at a company that has unlimited time off and actually want to use it beyond just a few days a year, here's my tips:
- Get your work done. Above all else, when you are in office, get your shit done. You want your manager to trust you and be able to justify your job if someone higher up goes "why are we paying someone who isn't even here".
- Be aware of your teams workload. Don't try and take a month off two weeks before you're about to ship a mission critical piece of feature.
- Communicate with your manager/PM/team early and often. If you want to take a month off, let everyone know a few months in advance. Planning is usually done quarterly. Letting your boss know you are going to be gone for a month allows them to only schedule two months of work for you instead of three. Additionally, remind them occasionally that you are going to be gone (I usually bring it up every other one on one)
- Before you go, make sure your work is wrapped up or handed off to someone else. Don't start a task and then disappear for a month.
- If possible, leave a "how and when I'm reachable". You don't need to always be working or even online, but seeming available (even if you're not needed) does a lot to calm nerves. Things like leaving a phone number where you can be reached incase of emergency, listing dates where you will be 100% unreachable, and checking email or slack occasionally for high priority things (I tend to do this while I'm sitting in the airport) make things so much easier for managers.
I know a lot of this seems like common sense, but so people get it wrong and then complain when they get reprimanded because they didn't do it.
If you provide value when you're at work and make sure you leaving causes as few disruptions as possible, taking large portions of "unlimited vacation" is totally possible.
I worked about 5 years in startups and small companies beforehand, and I probably work about the same as in a startup (long hours, partially because I'm a workaholic/ambitious), but with far better quality of life due to management being more competent and working with me to manage stress.
Some comments on specific bullets:
> - Vesting schedules can vary. Some are monthly, some every 3 months, some annually. Try to avoid anything less frequent than once every 3 months. It can create bad incentives for the company to get rid of you before a big vest date.
I have not seen Apple trying to play that game at all (their vesting schedule is every 6 months) - my understanding is if the company wants to get rid of someone, they give them zero refresh RSUs come annual review time as a strong hint.
> - Vacation days vary but 4 weeks (20 days) should be considered the norm for the US (30 for Europe/Australia).
Apple is a bit abnormal in that they give you 12 days to start, but the company typically has ~18 company holidays. Creative folks could negotiate with their manager to make those more flexible with comp time after showing competence.
> - Unlimited time off is bullshit. Think of this as no time off.
I agree for most companies, but Netflix I think is an exception here - my Netflix friends all enjoy copious time off and still get sizable annual raises, one even being offered a promotion to manager.