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Flexible Vacation Policies

Unlimited Vacay Days Are Not Just a Dream

Want to take some days off, but aren't able to because you don't have any PTO days left? If you're working at companies like Netflix, IBM, or Morningstar, you won't ever need to worry about running out, because you'll have an endless amount of vacation days. They are companies with flexible vacation policies, which gives workers the freedom of figuring out how to ration their own PTO.

Giving employees the option to take limitless days off creates a better work environment, and cases of people abusing this flexibility are rare, according to experts.

"If you have employees who are committed to working towards their own goals and to the organization's goals, then the idea of giving them free rein on vacation time is not a big deal because they are going to be able to regulate their own progress," says Mark Frame, a workplace psychologist from the Middle Tennessee State University.

This sort of model is not a one-size-fits-all policy — some companies have different cultures, which may clash with this flexibility. For example, it might not work for a firm that has the type of employees who don't usually like to take time off. We all know that taking a break is essential to work-life balance, and not enough of you are taking full advantage of your PTO days. So I'm wondering, is this a policy you would love implemented at your company and how many days would you ideally want to take off?

Source: Thinkstock
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