I've worked at the full spectrum from great to terrible (and eventually one that went legally fraudulent) companies.

You're right that there can be a problem at small companies when you hire someone out of a toxic company. Some people love the fresh start and are so happy to finally be in a healthy environment that they thrive.

Some people are so broken from toxic previous employers that they can't adapt. We hired a lot of people out of a competitive Big Tech office and it was probably a 50/50 flip of the coin if they were going to be great to work with or toxic political monsters. I had to have so many difficult conversations with people who could only see their coworkers and other teams as competitors who had to be defeated that I nearly had a prepared speech on the topic. The politics and attempted backstabbing was insane. It was also weird that they thought it was going to work at a small company where we knew the people they were trying to backstab for years.

"Unlimited PTO" is a fiction created by accountants that sounds good on paper. When you need or want time off, you work it out with your manager. No debate about how many days you have left this year, or how many you have accumulated. It's undefined and technically you are supposed to work together and away you go.

Accountants like it because guaranteed time-off is a liability that appears on the company's books as a debt, especially in California where the company is required to pay it out when you leave (whether fired or voluntary).

But what happens in practice is no one feels like they are entitled to the time they should be entitled to, and negotiations from the employee side always come from a place of weakness. It's a terrible system.

Undoubtedly someone will respond to this post with just how amazing their manager is and that they have never had a problem. But you know when I have never had a problem taking time off, even a long time off? When I could point to the corporate policy that says I have X days, and I was taking those days.

And now I'm not playing manager roulette on whether or not I have the time, or how kind they are feeling. Or how buddy-buddy we are.

It's one of those things that are great in theory, and terrible in real life.

Most companies use the term "discretionary PTO". That means that there is no set limit on PTO. The positive take on it is that this means employees can take time off within reason so long as they're getting their work done. The negative take is that it means you have no guaranteed days you can take, and cultural or managerial pressure will prevent you from taking even a normal amount of vacation.

It also means that employees don't accrue PTO days, and therefore don't have to be paid out for that time when they're fired.

Its a trick used to avoid financial liability.

https://www.businessinsider.com/unlimited-pto-vacation-scam-...

Normal PTO is earned in increments of hours per pay period. Each person has an accrued PTO balance that they draw down from when they go on vacation. From the accounting perspective, the company is not paying them for work during this time, they are paying the employee out of their earned PTO balance.

This creates some complications for the company where the accumulated PTO can be a liability on the books. It's a number that represents something they have to pay out with no labor in return. Depending on laws and circumstances they may also have to pay out the PTO balance when someone departs the company.

Some companies skip all of this by switching to untracked PTO, which is often sold as unlimited PTO. Employees don't accumulate a PTO balance and when they go on vacation they get paid normally, not out of a separate bucket. No extra liabilities on the book.

The trick is that PTO is now up to your manager's approval and judgment. At good companies you can actually take advantage of this for a more relaxed and flexible PTO schedule if you get your work done. I have done it and it's great when the company is good.

At bad companies, it becomes a trick where your manager always says "I don't know, now isn't really a good time to take that much time off" and then everyone gets less vacation time than they had before. I have also experienced this and it's very depressing.

Its a way for US companies to avoid paying money. When employees get real PTO, companies have some legal and tax obligations. With fake "unlimited" PTO, they just pretend the person is working as usual.