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Have you ever heard of "PTO" working like this?
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My job does something kind of similar, but it's every quarter you get 8 hours of PTO to use on top of normal PTO, and the normal PTO is pretty standard from my understanding. They also use it as a way to not acknowledge controversial federal holidays (like Columbus Day), but still give everyone the time off they would have gotten.
Is the "extra" PTO conditional on some administrative task? Last place I worked at had conditional "bonus" PTO that was just a legal way to make sure a portion of your PTO can't accrue and get paid out.
Not that the accounting trick part is a huge deal, time off is time off.
The "extra" just has to be requested with a separate button. It's probably used to curb PTO payouts, so I make sure to use it first.