Please ensure Javascript is enabled for purposes of website accessibility

Grant Thornton Making Some Tweaks to Its Unlimited PTO Policy

grant thornton compensation 2017

Last time we checked on Grant Thornton’s unlimited PTO policy, we learned that it was having at least one desired effect: people were taking more time off. The median number of PTO days taken jumped from 17.4 to 19.1.

However, the comments from that article suggested that things were getting a bit out of hand. Here’s one example:

The problem is that some people (namely the underperforming tools who no one wants on their job and thus sit unassigned in summer) took too much time off pre busy season and then continued their greed streak into the summer (peak unassigned time), jeopardizing their chargeable hour goals. Now our “market territory” is extremely concerned with everyone hitting their chargeable hour goals and scheduling PTO has become worse than trying to order deli meat in the grocery store.

The missing-chargeable-hour-goal problems seems to have been one of the unintended consequences of this policy.  And it’s enough of a problem that the firm has decided to make a few “refinements.” A GT insider has shared the following internal message with Going Concern:


One item also worth noting is the “Appreciation Days.” Another comment from the previous post suggested that the Appreciation Days were included in GT’s calculation of the flexible time off, therefore inflating the statistics. Now that Appreciation Days are no longer a thing, it’ll be interesting to see if the number of days taken will keep pace.

With busy season edging to a close, hopefully all you GT Career Captains can make the necessary adjustments.

Reactions are welcome.

Grant Thornton: New Unlimited PTO Policy Not Designed to Get People to Take Less Vacation
Grant Thornton Should Pay Its People to Take Vacation

Image: Raysonho /Wikimedia Commons

Latest Accounting Jobs--Apply Now:

Have something to add to this story? Give us a shout by email, Twitter, or text/call the tipline at 202-505-8885. As always, all tips are anonymous.

Comments are closed.

Related articles

Grant Thornton Scores Coveted ‘Hot Garbage’ Audit (UPDATE)

Ed. note: Adani Group has said that a Grant Thornton audit is simply a “market rumor.” Video update at the bottom. Earlier this month, short seller Hindenburg Research dropped a report called Adani Group: How The World’s 3rd Richest Man Is Pulling The Largest Con In Corporate History (report here) full of bullet points outlining […]

a cat studying in a library

The 259th Largest Accounting Firm Is Paying For Unlicensed Staff to Pursue a Master’s at the 87th Best Online Business School

Tiny little Southfield, MI firm Clayton & McKervey won’t be making Vault prestige lists any time soon but it is doing something to support its people through the process of getting the necessary 150 units for licensure: offering scholarships. Ranked #259 on the INSIDE Public Accounting Top 500 with revenue of $16,392,083, Clayton & McKervey […]