Before unlimited PTO took off, standard in FAANG-like (US) industry was ~12 corp holidays + 15-25 days annual PTO, depending on seniority.
I don’t know anyone who takes the high end of that anymore, especially senior/staff folks.
Unlimited PTO takes a liability off the company’s books, and makes every time off request a negotiation.
To be clear we still get federal holidays. So I net probably 30-40 days a year.
Again, the system works for me. But it is also a constant negotiation/workplace culture consideration, so I am not advocating for it writ large. I’m just lucky I work at a company that doesn’t put pressure on people not to utilize their PTO.
> Unlimited PTO takes a liability off the company’s books, and makes every time off request a negotiation.
This is 100% it.