Unlimited Vacation: 3 Questions to Ask
For employees, an unlimited vacation policy can seem like the ultimate benefit. For recruiters, it can be an attractive recruiting tool. While cutting edge tech companies in Silicon Valley have put unlimited vacation on the map, it’s still only being offered by 1-2% of companies nationwide. There are major pros for both employee and company, such as this study by Project: Time Off concluding that it’s more cost effective than offering traditional paid time off. Staying on top of trends to entice top tier employees is important, while keeping in mind the best interests of both your company and employees. Could offering unlimited vacation at your company end up being a recipe for disaster?
Here are 3 questions to ask if you are considering offering unlimited vacation: