☀️ Unlimited holidays have been implemented years ago by famous companies such as Netflix, Github and Evernote, among others. This form of benefit is more and more popular but – like everything – has its pros and cons.
What are the pros?
✅ an organizational culture based on trust that increases employees satisfaction and engagement
✅ managers can focus on measuring output instead of hours physically spent at the office
✅ more freedom and flexibility e.g. employees can take a day off to get their private business done, or a couple of deserved free weeks after a big project
✅ a benefit that helps companies stand out in a competitive job market, especially in the tech industry
What are the cons?
Well, this policy can lead to two extremes, both dangerous to the company or employees:
❌ the excessive use of free days by some of the team, results in overwork and stress for others
❌ a situation where people don’t take free days because they don’t actually have to – especially if there is no example from management
It’s good to remember, that unlimited holidays are popular in the tech bubble, but wouldn’t work for companies where employees are required to be on-site (manufacturing or service industries).
Let’s talk! As employers, have you introduced or are you thinking of introducing such a policy?
And as candidates, what do you think about it? It’s something that you expect?