When I tell fellow business leaders from the U.S. about our U.K.-based startup’s PTO policy, they often marvel at its ...

Unlimited PTO: Pros and Cons? Key Takeaways: Under an unlimited paid time off policy, employees get to decide how much time to take off, whether for vacation, sick leave or other reasons.

Unlimited PTO (paid time off) is a policy that allows employees to take as much time off as they need, without a set number of days allotted per year. Sounds too good to be true? Maybe.

While the majority of employers have a “use it or lose it” PTO policy, a significant number offer a cash out option if an employee separates from their job or finishes the year with unused ...

If your company uses a single PTO bucket for vacation and sick leave ... now is the time to ensure your policies are up to date. States with New or Updated Sick Leave Laws in 2025 ...

A study by Namely found that employees with unlimited PTO policies take fewer vacation days on average than those with traditional policies. Ambiguity around usage can foster insecurity ...

Require Approval - As an employer, you must carefully consider several things before implementing a PTO policy. Without structure, a PTO policy can quickly start to fall apart. According to ...

(Of those, 15% are technology companies.) Of the 200 companies surveyed, 39% do not offer unlimited PTO, and 40% do not publish their policy. Therefore, it's important to inquire about the policy ...

Colorado Courts and “PTO” Policies Unlike vacation pay, an employee’s accrued sick time is not considered “wages” or “compensation” under the CWCA. The same goes for “personal ...

It was her first time working for a company with unlimited PTO. After using their policy sparingly, she realized she would need to test its boundaries by asking for 17 days off — a request that ...