[compiler-guy]

It does not. Nothing.

[yladiz]

Maybe in the US, but in countries with minimum holiday time you get the minimum in your contract (or a bit more) and the employee handbook says you have unlimited. Companies can’t shirk their responsibility here legally by saying they give unlimited vacation.

[compiler-guy]

"Contracted minimum with more at manager's discretion" isn't what people usually mean when they talk about unlimited pto.

[yladiz]

Sure, my point is that the way it works in the US does not work in many other places.

[compiler-guy]

Right. Places without unlimited PTO get neither the upsides nor the downsides of unlimited PTO.