A growing number of significant employers, including Microsoft and Goldman Sachs, have adopted the approach.
While the expansion of limitless PTO may appear to be a major victory for employees, data and analysis from industry professionals reveal that unrestricted vacation is frequently, well, limiting. Leaders who promise limitless PTO must provide detailed instructions on how staff members should manage their time off and motivate staff members to use the days. Otherwise, HR executives and business owners agree that employees would be better off with the more conventional limited vacation arrangement. Unlimited PTO has been dubbed “the swindle of the century” by Geoffrey James, a contributing editor for Inc. and author of several business books.
