Get This: Some Companies Offer Unlimited Personal Time Off! Here’s the Catch: Survey Says Perk is Among Minority of Employers
Want more vacation time? As PTO (paid time off or personal time off) requests kick into high gear at your employer, chances are several employees may be counting their days to ensure every moment is spent. Even if they need a mental health day for a staycation, time is typically tracked and accounted for, and prudently used.
Well, this piece in today’s New York Post got us thinking. How sweet would it be to have unlimited PTO? For instance, ZocDoc, the NYC-based online medical appointment Web site, offers unlimited PTO. This includes vacation, personal and sick days without an old-fashioned accrual system.
Don’t get too excited. The piece pointed out last year’s survey by the Society of Human Resources indicated only one percent of businesses across the country actually offer this perk to its employees. Read more