Unlimited PTO plans are structured so that employees decide when to take paid time off. The employer provides little-to-no parameters in this type of plan. As long as employees accomplish tasks as expected and the organization does not suffer negatively, they can decide how to use PTO.

In the world of benefits, PTO has become a top priority for employees and job candidates. Many employers have started to offer unlimited PTO plans in order to retain current employees and attract new candidates.

Related Terms: Paid Time Off (PTO)