[abhorrence]

"not having PTO on the books" inherently makes it an anti-employee policy, since the employee no longer will receive anything upon leaving. In theory it could come out better for the employee, because they may get more vacation time than they would otherwise, but my experience has been that unlimited vacation means less vacation.

[MaulingMonkey]

> since the employee no longer will receive anything upon leaving

Even when it replaces non-reimbursable PTO (i.e they already would not recieve anything), it feels lame.

[Domenic_S]

In California there's no such thing; Vacation and PTO is earned as it is accrued and must be paid upon separation. Sick leave specifically does not fall into that bucket, but lots of places use a single PTO bank as the combo sick/vaca bucket which makes it all payable.

(I mention CA because that's where Netflix is HQ'd)