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Should companies offer employees unlimited paid vacation?

Discussion (5)

SilentiariusVoice #11Oct 11, 6:39 AM

Why on earth "unlimited"? Paid vacation time is normal in most of Europe, and a good thing, but "unlimited" makes no sense.

Dense1Voice #5Oct 10, 6:38 PM

In the tech industry "unlimited" vacation is an interesting case study. In the olden days companies had defined vacation policies that granted days which one banked. By federal law those were considered to be in lieu money compensation and thus your banked days were owed to you as real money if you left the company. This meant companies had large unfunded liabilities on their books, which they had to account for as operational debt. Instead of a defined days off for hours worked benefit companies instituted various flexible time off policies commonly referred to as unlimited time off. the tldr; being that one could take as much time off as you liked at manager discretion. This had three effects. 1) No unfunded liability on the books. 2) Since most people never took all their time off 1 above leads to a significant real cost savings 3) People took even less time off Defined benefits made time off feel owed vs requested and modern hustle culture and mgmt did the rest

JE_ThomasVoice #8Oct 10, 2:13 PM

This is not a serious question. Who advocates for unlimited paid vacations? It is the ultimate free lunch. Ain't gonna happen, and it shouldn't.

dagmanVoice #1Oct 11, 1:57 AM

There are a surprising number of companies offering it now: https://careers.usnews.com/advice/articles/20-companies-that-offer-unlimited-vacation-days. I'd be curious to see how the average number of PTO days taken at these companies compares to others. I wouldn't be surprised if they actually take fewer days.

dagmanVoice #1Oct 10, 1:25 PM

Unlimited vacation = always having to feel guilty about taking vacation. Just a fixed number of days, please.

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