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In this video, Cody Engel, a staff software engineer, discusses techniques for maximizing unlimited vacation policies at companies. He emphasizes that while unlimited vacation can be advantageous for employees, it also benefits employers. Unlike traditional PTO, which is "use-it-or-lose-it," unlimited vacation allows employees to take time off as needed without accruing vacation time. This flexibility means that there is no standard amount of time off one can take, leading to potential confusion around how to utilize this benefit effectively. Engel aims to share insights to help employees navigate these policies and make the most of their vacation time.