Dare Obasanjo on Nostr: Investors have finally caught up to the money saving scam that is unlimited PTO and ...
Investors have finally caught up to the money saving scam that is unlimited PTO and soon every company will do it.
PTO not taken is money the company literally owes the employee which is paid out in cash when they leave the company.
Unlimited PTO removes this financial liability by saying just take any work day off you like and you just get paid as normal. The reality is people take less time off in that model and tend to work during time off in that model.
https://www.bloomberg.com/news/articles/2023-08-14/unlimited-vacation-companies-seen-beating-s-p-500-investors-say?srnd=markets-weekly-mliv-pulse-survey&linkId=229837377
PTO not taken is money the company literally owes the employee which is paid out in cash when they leave the company.
Unlimited PTO removes this financial liability by saying just take any work day off you like and you just get paid as normal. The reality is people take less time off in that model and tend to work during time off in that model.
https://www.bloomberg.com/news/articles/2023-08-14/unlimited-vacation-companies-seen-beating-s-p-500-investors-say?srnd=markets-weekly-mliv-pulse-survey&linkId=229837377