Some workers have mastered the art of maximizing unlimited PTO. Others have learned the hard way that pushing the limits doesn't always pay off. Unlimited vacation is the ultimate test of judgment.

Unlimited PTO: Pros and Cons? Key Takeaways: Under an unlimited paid time off policy, employees get to decide how much time to take off, whether for vacation, sick leave or other reasons.

These traditional plans included some combination of sick days, personal days and vacation days. In recent decades, however, more companies have adopted the paid time off model, or PTO.

View open positions >> Dropbox has a number of programs that benefit its employees, from new parent leave to paid time off. One current employee says, "The unlimited paid vacation policy is amazing!