Yes, but it also doesn't give any indication of norms around the amount of time off people take.

Expectations may differ from how much time is in a traditional PTO bank but at least in general, it's OK to take accrued time off barring special circumstances.

I worked at a place that gave us 2 weeks and then took an act of Congress and months of social engineering to take even a day.

We got bought out and the new overlords announced they were going to give us five weeks of vacation. There was actual laughter in the room. We can't even use 2 weeks, what's 5 gonna do for us?

In Norway you're required by law to take four weeks and a day vacation every year. Almost everyone has five weeks vacation time in total. Both you and your employer can demand that three of those are continuous during summer, and most of the country shuts down three weeks in July.

Wonder what did you guys produce that required all hands on deck at all time non-stop?

We really need a new standard. Unlimited PTO Min 20 days/year. If you don’t put a number then it’s assumed to be 0

In Norway you're required by law to take four weeks and a day vacation every year. Almost everyone has five weeks vacation time in total. Both you and your employer can demand that three of those are continuous during summer, and most of the country shuts down three weeks in July.

In Australia it is 4 weeks minimum (and 10 days for sick/carers leave). The leave accumulates if you don't take and have to be paid out as per your finally pay if you leave the company. Since it is a liability on balance sheet most companies will demand you to take leave if you have accumulated over 20 days. You can also ask to cash out any leave more than 20 days.

I live in a state where that's not required, so it doesn't happen anyways. ¯\_(ツ)_/¯

When I put in my two-weeks at my last job, my boss said that if I can get all my work transferred in only a couple days (I did, since I basically had almost no work, hence my search for a new job), then I could just fill the rest of my two-week notice time with my remaining PTO. No reason to spend two weeks pretending to work at my computer.

Yeap, PTO is a liability on the books and unlimited PTO is a way to get rid of it.

Bingo.