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Youve seen it in more and more job postings, unlimited vacation. Sounds awesome, right? Only about 8% of employers offer this perk, ing to a recent survey from the Society for Human Resource Management, thats up from 6% of employers compared to the same survey in 2022. So did you find the Holy Grail of companies? Or is unlimited PTO too good to be true? You could be pretty sure that if you decided to take six months off, theyre going to stop you. The idea of unlimited vacation is not a formal promise. It is basically just a catchphrase. This is Professor Peter capelli. He teaches at the Wharton School. Ive been at the Wharton School for 38 years. Im like piece of furniture. Professor capelli has been looking into trends like unlimited PTO and the push from pensions to employee driven 401k plants, he found a common threat. Most of these so called perks are ways for companies to reduce liabilities, simply put their accounting tricks. I think my interest in it came by looking at vari