HR Glossary for HR Professionals
Glossary of the most common HR terms and acronyms to assist professionals navigating the ever-growing and ever-changing world of HR terminology.
What is Unlimited PTO?
As the name suggests, Unlimited PTO plans are structured so that employees decide when to take paid time off, and how to use PTO. The employer provides little-to-no parameters in this type of plan; as long as tasks are accomplished as expected and the organization does not suffer negative repercussions.
In the world of benefits, PTO has become a top priority for employees and job candidates. Eager to retain current employees and to attract potential new hires, many employers have started to offer unlimited PTO plans.
Related Terms: Paid Time Off (PTO)