You’ve seen it in more and more job postings: Unlimited. Vacation. Sounds awesome right? Only about 8 percent of employers offer this perk, according to a recent survey from the Society for Human Resource Management. That’s up from 6 percent of employers, compared to the same survey from 2022. So did you find the holy grail of companies? Or is unlimited PTO too good to be true? Wharton School Prof. Peter Cappelli breaks down the real reasons why more companies are offering unlimited vacation plans.
Produced by: Jeff Morganteen
Editing support: Tim Hurt
Additional footage: Getty
» Subscribe to CNBC: https://cnb.cx/SubscribeCNBC
» Subscribe to CNBC TV: https://cnb.cx/SubscribeCNBCtelevision
About CNBC: From ‘Wall Street’ to ‘Main Street’ to award winning original documentaries and Reality TV series, CNBC has you covered. Experience special sneak peeks of your favorite shows, exclusive video and more.
Connect with CNBC News Online
Get the latest news: https://www.cnbc.com/
Follow CNBC on LinkedIn: https://cnb.cx/LinkedInCNBC
Follow CNBC News on Facebook: https://cnb.cx/LikeCNBC
Follow CNBC News on Twitter: https://cnb.cx/FollowCNBC
Follow CNBC News on Instagram: https://cnb.cx/InstagramCNBC
#CNBC
The Truth Behind ‘Unlimited’ Vacation Plans
The Pulse of Washington D.C.
