Should Your Company Offer Unlimited Vacation Time?
"Take as much vacation as you like." It sounds too good to be true, but at some companies, it is a reality.
Biodesy, based in San Francisco, has offered unlimited vacation time since the 20-person company launched in 2013. "I was a little bit skeptical, and I've become a big fan," said chief financial officer Gayle Kuokka, who handles human resources matters for the biotech instrumentation business. "It gives people the responsibility for getting work done. … Employees feel more in control, and that adds more value to the benefit."
Even some law firms are giving it a try. Atkinson, Andelson, Loya, Ruud & Romo (AALRR) in Cerritos, Calif., switched about five years ago because managers noticed that the firm's 180 attorneys continued to answer e-mails and return phone calls from the beach or ski lodge.