“There's no concept of accruing hours or going negative with your PTO if you spend more time than you've accrued. There's also no sense of rolling over time to the next year or use-or-lose-it ...
a company must set aside funds to pay an employee for any owed PTO if they depart. With an unlimited vacation policy, no such line item is needed. In the absence of a policy, employees often use ...
In recent decades, however, more companies have adopted the paid time off model, or PTO. Here's what to know about it and how to navigate the PTO model if your employer offers it. With the PTO ...