After getting rid of its HR department, the millennial boss of Bolt is now capping vacations because the ‘bad ones’ were ...

Recharge" initiative is intended to prevent burnout, boost performance, and model a healthier relationship with PTO.

The dream of "unlimited paid time off" often sounds like an employee's paradise, a symbol of trust and work-life balance. Yet ...

Ryan Breslow called the idea "totally broken" and said it resulted in inconsistent vacation use and burnout among top ...

San Francisco payments tech startup Bolt is ripping up its unlimited paid time off policy, CEO Ryan Breslow announced on Tuesday. It’s one of the highest-profile instances so far of backlash to a ...

"When time off is undefined, the good ones don't take PTO. The bad ones take too much," said Bolt CEO Ryan Breslow on Tuesday ...

The CEO of a San Francisco tech company has abruptly ended the company’s unlimited PTO policy, slamming it as “totally broken ...

Unlimited PTO stands for unlimited Paid Time off. It’s also sometimes referred to as “discretionary time off”, “unlimited vacation” or “extended vacation.” ...

It sounds like a dream. Take time off work whenever you need it. But how does unlimited PTO work? More and more job descriptions boast unlimited paid time off (PTO) as a benefit. Sick days ...

His firm’s unlimited PTO policy hasn’t been the benefit he’d hoped for. "I have been subtly told by my manager that the 'perception is you’re taking too much time off,’” he said.

As companies like Netflix double down on unlimited PTO benefits, the boss of $11 billion fintech company, Bolt has just axed the policy altogether. Its millennial founder and CEO Ryan Breslow says ...

A survey from HR platform Namely found that in 2022, employees with unlimited PTO policies took 12.09 days off per year, on average, compared to 11.36 days for their peers with a PTO limit.