Answered by Stephanie, Hiring Expert at Asurion, on Thursday, January 7, 2016
Companies have varying PTO policies. My previous employer gave a certain number of days each year, plus one extra day per year worked to employees. There, employees could only roll-over a certain number of hours. This ensured employees were taking PTO each year and not accruing an overwhelming amount during their tenure.
At Asurion, we have a flexible PTO policy, meaning there is no limit to vacation or sick time. Employees simply OK their time off with their supervisor ahead of time. To provide a check-and-balance to this policy, an employee's annual bonus is determined by the company's success as well as the individual contributor's performance. Obviously, to perform well employees need to be present and productive.
I hope this helps & wish you the best as you continue to search for answers to your question!