Unlimited vacation policies are gaining traction among young technology firms. These companies say that allowing employees more freedom in managing their vacation makes for a happier, and ultimately more productive, workplace. But others argue that the lack of a structured vacation policy can actually dissuade employees from taking even the standard two weeks off of work.
What do you make of the idea of unlimited vacation? Would you take advantage of it if your workplace adopted such a policy?
The Boston Globe: "Most people dream of being able to take as much vacation as they want. But at a growing number of companies, especially young technology firms, employees are getting unlimited time off. And incredibly, they’re not taking advantage of it. Many of these workers are taking the same — or even less — vacation time than when they had a fixed number of days each year."
The Washington Post, "Yes, there’s the chance that employees could abuse the policy and take too much. But just as worrisome, if not more, is that when there’s no clear guidance on how much time off is okay, people could actually end up taking less."
The New York Times, "First, create rules and clear boundaries for what it means to be “on vacation” (both for management and for employees). Set expectations and empower team members to support one another in the effort to unplug. Second, provide programming options or a menu of experiences that invest in the sustained wellness of team members. Retreats, classes and nature programs give individuals and teams the permission to completely step away from work and recharge — free of guilt."
This segment aired on August 22, 2013.