I will unapologetically use unlimited PTO.
7 replies (most recent on top)
Unlimited time off means your never really off, gives them the right to do call you on your vacation time or expect you to cancel for business purposes. Fiserv sucks big time, worst place I have ever worked, especially after Frank took over……down hill at lightening speed. Hard to find anyone who has anything good to say about the place. I got out, I recommend everyone to get out…..horrible environment
I abuse the heck out of unlimited time off ..
I knock off early all the time and chalk it up to 1/4 day off or 1/2 day off.
My goal this year is to take 40 or more days off.
May as well take as much time off as you can.
"Unlimited PTO" means that when they lay you off, they won't have to pay you for the days you should have taken off but didn't.
One of the companies I interviewed with said they have "limited PTO" as a perk and one of the managers said they are only allowed to take 10 days. Lmao
While there will always be a handful of folks that “abuse” the unlimited leave studies have shown employees are less like to take leave when they don’t have to worry about it expiring. Fiserv has done you no favors switching to unlimited leave as statistically you’re less likely to take as much time off as before.
Contractors have it easy - all the time off they want and just don't get paid. No benefits either of any kind. Those are the of people Frankserv should want to employ and if you want them gone, easy peasy to fire or do nothing at renewal time. Neither do you worry about pay scale either.,
Always keep in mind that, regardless of the company offering it, "unlimited PTO" is better defined as "no earned or negotiated time off". If you have this benefit with a company, it has agreed to give you jack squat.
If I were under such a model, I'd divide by four the time I expect to take over a year and then take that time off every quarter. That way, if you're given the boot sometime during the year, at least you've used some vacation you've darn well earned. Don't "save" it for the end of the year - that's a fool's bet.