Thread regarding Fiserv Inc. layoffs

'Unlimited' PTO

I feel like there's a lot of different info out there about PTO, and I'm not sure what to believe. I've read the fine print on fuel about the 33 day hard cap, but it sounds like there are soft caps that get you put on a list somewhere. Does anyone have good info about that? And what does it even me to be 'on the list'? Does it result in a lower rating or put you first in line for layoffs? I genuinely have no idea what goes on in the shadows here. I saw one post on glassdoor that said it was 20 days to be on the list, but I saw another that said it was 8 days. That sounds ridiculous, but it is Fiserv after all, so I guess it's not impossible.

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| 2691 views | | 11 replies (last February 27, 2025) | Reply
Post ID: @OP+1jmhwb0mr

11 replies (most recent on top)

The confusion isn't a bug, it's a feature. They rolled many to "unlimited pto" then realized that there were many of those so sick of the BS (in some/many cases literally sick with gastro/cardio/mental issues to deal with from the constant stress) that the plan of providing unlimited pto and scaring everyone into not using it backfired. So this year they're removing the "unlimited" from the pto policy, effectively giving everyone grade 10 and above a flat allowance. Now they're finding themselves in tricky legal/language waters. So if they keep the confusion high it allows them to play the game with less legal risk. Unfortunately in the current climate, they'll get away with it.

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Post ID: @1ax+1jmhwb0mr

We were told we had to follow the chart for grade 8 and below, even though multiple policy documents clearly state there is no limit. I am waiting to hear back from HR because my manager can’t provide me any details besides to follow the chart.

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Post ID: @1af+1jmhwb0mr

There's no hard limit. I used 36-37 days last year with no repercussion. Still got a Meets Expectations for stellar performance.

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Post ID: @fs+1jmhwb0mr

@b0+1jmhwb0mr Look at anything that measures rankings like core satisfaction levels and you will know that clients are on their way out. So their strategy only works today. They already lost the best talent so they lost long term too.

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Post ID: @cb+1jmhwb0mr

I never worked under unlimited PTO , but if I had to, I'd divide that 30 days by 4 (I know it's not exact, sue me) and make sure I took that many days off by the end of every quarter. That way, if I ever got the boot during the year, I will have enjoyed at least some of what I earned.

Folks who are used to stacking it all up until the end of the year, need to totally reconsider that position.

Never let * any * company snow you with this so-called "benefit". Remember: "Unlimited PTO" = "we don't owe you a single minute of PTO".

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Post ID: @bd+1jmhwb0mr

This year’s time off policy does have “guidelines” showing the appropriate/acceptable amount of R&R that can be taken based on years of service. Contradicts the “unlimited” time off wording. Sounds like they want to not pay out accrued R&R since it’s all unlimited but then turn around and provide limits based on years of service. Not sure how it would hold up in court…

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Post ID: @bc+1jmhwb0mr

It is unlimited. They can't give you a number because then they would need to have accounting for how many days earned and (at least in some states) they need to compensate you for those days if you leave.

This is like everything they do - don't state a clear policy. Whisper that you'll get fired if you go over x. Then they hope that you will just self-limit how many days you take. I know a lot of you will cut back. And that shows that their strategy is working.

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Post ID: @b0+1jmhwb0mr

I loathe most things about this place, but 30 days of PTO ain’t so bad. I just wish they’d be upfront about it.

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Post ID: @az+1jmhwb0mr

Ex-manager here....100% up to your manager. If they want to give you they can.... If they do not they don't have to...

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Post ID: @ay+1jmhwb0mr

Above 30 days gets you on a list

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Post ID: @ax+1jmhwb0mr

We were told to use the numbers for non-exempt employees and it will reflect on your yearly review

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Post ID: @a4+1jmhwb0mr

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