9 years ago
2
This U.K. Company Offered Its Employees Unlimited Vacation Time. It Was a Total Failure.
Sir Richard Branson may be the most high-profile advocate of unlimited vacation days, but he's far from the only entrepreneur entranced by the idea. His announcement last fall of the new policy for some employees at Virgin set off a flurry of press coverage of other firms that were succeeding with similar policies (as well as a few pieces offering skeptical pushback).
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I think the success of this kind of policy is really dependent on company culture. I know someone who has something like this and it works great for their company, but it's also a tech company.
I agree, it would depend on company culture - the company would have to be one that cares about it's employee welfare and does not promote working late each night. However, I suspect only a company with that mentality would adopt the policy. The title of the post is a little misleading in my opinion, the policy wasn't a failure they just needed to focus on tracking & encouraging holiday. Which is something a company caring about it's employee welfare would realise, as Virgin did.