[latch]

From what I understand, a company which allows employees to accumulate large pools of timeoff tend to have very unpleasant liabilities on their balance sheet. It is, I believe, a very serious liability (regardless of where you live, all places have very strict rules about it).

It's a lot like reward points. The initial programs didn't have expiry...after years, auditors warned them that they had billions in liabilities in unclaimed points.

In my experience, any company that gets a serious CFO or some outside accounting/auditing, is going to rectify their vacation problem pretty quickly

[crazy_startup]

This happened at my previous job. They forced everyone to burn down the vacation time from their previous limit of 280 hours to 120. After that they instituted policies with a maximum of 180.

The issue is that it was impossible to take vacation time. Even on vacation I was working 3 hours every day and during the normal workweek was 60-75 hours without overtime or rewarding the extra time.

Frankly, I think that the company should just have a bucket for PTO and put it in the bank and earn interest on it. The liability should be backed by actual dollars so it's not a serious financial risk.