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New policy of FTO
My employer is moving from PTO to FTO next year. It seems very confusing at this point. Does anyone have experience with FTO, and the pros and cons? I am not sure what to understand and tips to ensure I can make the new policy work best for me, within policy. Thanks any input.
KayClient-centric, with comprehensive experience
35
11/09/20 at 11:52PM UTC
FTO versus PTO. Advantages of FTO, if you have an industry with seasonal highs and lows, it would be nice to take additional time off without worry because your industry naturally has a slowdown. The negatives are if you or your co-workers are inconsiderate and your absence effects the team’s quality of work. I think as you and your co-workers start to adjust, you will find a format that works for the team.
Elizabeth Marie Scientist and M.B.A. Candidate
189
10/27/20 at 9:45PM UTC
Is FTO some kind of flex plan?
Allix StewartHuman Rights Graduate Student & Resume Developer
193
10/28/20 at 2:50AM UTC
I'm also curious - I've never had this option in my positions and my understanding is that it can vary based on business?
patty quanCPA
33
10/28/20 at 5:04AM UTC
It is also be called "unlimited PTO" - aka take as much as you want, but with manager approval. You also don't accrue, so when you leave the company, you don't get paid for anything.
Pros: more time off allowed if you have a company with good work-life balance
Cons: you don't accrue/paid out at the end of your employment
If you're not one to take time off, it kinda forces you take PTO. Might be good or bad depending on the person
Anonymous
10/27/20 at 9:16PM UTC
My company switched to FTO about two years ago. I also look to use the same amount of time I would with PTO if we hadn’t changed over. The biggest piece of advice I would share is to make sure you have an open conversation with you direct supervisor of their expectations under this policy. I also have coworkers who now take less time off, but I feel as if I am able to take the time I am because my direct supervisor is a huge believer in work life balance and supports me in the time I ask for.
Anonymous
10/25/20 at 7:40PM UTC
FTO at our company means I email my manager when I plan to take time off and put it on the calendar. Use it or lose it. I target to use the same number of days off as PTO (which increased with tenure). My difficulty is that my teammates are taking less time off with FTO, so I'm the one asking for coverage frequently and cannot reciprocate that way. I suppose I help in other ways, and they are taking time off "here and there". Here it's basically the honor system, no outward tracking.
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