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I have this little insight into PTO that I keep saved, from the book "Algorithms to Live By" by Brian Christian & Tom Griffiths (a nice read). I think of it of
by mk_stjames 4mo ago
I have this little insight into PTO that I keep saved, from the book "Algorithms to Live By" by Brian Christian & Tom Griffiths (a nice read). I think of it often when hearing about people and their work schedules in modern salaried positions and these 'unlimited PTO' offers:
>All employees want, in theory, to take as much vacation as possible. But they also all want to take just slightly less vacation than each other, to be perceived as more loyal, more committed, and more dedicated (hence more promotion-worthy). Everyone looks to the others for a baseline, and will take just slightly less than that. The Nash equilibrium of this game is zero.
- marcuskane2 4mo ago> hence more promotion-worthy Relevant for big companies where people intend to have decade spanning careers with multiple promotions. But for the tech worker who is going to have a series of 1-3 year stints at different companies, their promotions are more likely to come from switching companies than from showing loyalty or commitment to their current employer.
- therealpygon 4mo ago“But you can be lucky to get a lower-than-cost-of-living adjustment each year if you stay and don’t move jobs! Wait, why are you leaving??”