I completely agree with you. It is a ploy to keep accrued vacation pay off the books and keep capital efficiency high. You obviously can't take 100% vacation time, so it's not unlimited.
It's nice not to stress about PTO balances, though.
It's nice not to stress about PTO balances, though.
> You obviously can't take 100% vacation time, so it's not unlimited.
This is the part that gets me. Everyone knows that it is limited, you just don't know what the limit is until you hit it.
If vacation were truly unlimited, sure, it would be a perk. Absent that, knowing what the limit is is a perk.