[compiler-guy]

Pretty much every article on a naive Google search lists "reduced financial liability" as one of the corporate benefits. Even the ones that talk about more complicated financial scenarios deal with "unexpectedly short-staffed" rather than, "We have a big financial liability on our books."

A somewhat random example:

https://www.higginbotham.com/blog/unlimited-pto-pros-cons/

"Cost efficiency. Traditional PTO policies can result in financial liabilities due to unused vacation payouts when employees leave the company. With unlimited PTO, these liabilities are eliminated. This can be particularly advantageous for companies looking to manage their finances more effectively."

[DanielHB]

I mean I can understand why an accountant would be happy his one metric is down when the company implements unlimited PTO, or maybe the stock market responds to the (slightly) reduced liability levels.

But surely it can't be a significant amount of make sense to implement this kind of police only for this unless the company has insane turnover (so "unpaid" PTO is not paid out as cash). The reduced amount of PTO staff takes must be the main reason.

Unpaid PTO is (assuming that the employee _doesn't_ leave the company) essentially debt in the company books with 0% interest rate.