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Unlimited vacation is becoming more common, with about 8% of employers offering it, up from 6% in 2022. However, it's crucial to understand that this benefit is often not a formal promise and may not be as favorable as it sounds. Professor Peter Capelli from the Wharton School suggests that the concept of unlimited PTO is largely a marketing term, not a guaranteed perk. Such policies may allow companies to reduce financial liabilities, serving more as accounting strategies than genuine employee benefits. Capelli has studied similar trends, highlighting that many supposed perks often prioritize company savings over employee advantages.