4 ms·
It sounds like a way for employers to cut benefits/costs. If you have PAID vacation, that you accrue, then that's something you get, regardless if you take it
by gricardo99 9y ago
It sounds like a way for employers to cut benefits/costs.
If you have PAID vacation, that you accrue, then that's something you get, regardless if you take it or not (of course there are usually caps on how much you can accrue).
If it's "unlimited", I guess that means there's no accrual, and if you take no (or minimal) vacation and leave, your vacation benefits were effectively reduced.
I think "unlimited" vacation is a gimmick to sound generous. If you want to offer a generous vacation policy, then stand behind it as an actual paid benefit. Offer it as paid vacation, and if the employee doesn't take that much while they work for you, then hopefully they use that banked paid time to take a break between jobs.
- NegativeK 9y agoI've never been at a company with accrued vacation or sick days; they all just combine the two and say you lose unused days at the end of the year. At this point in my life, I've decided it's worth using all my paid time off and requesting some unpaid time -- so I'd prefer whatever unlimited means.
- conductr 9y agoI’ve experienced the best of both. Company policy is paid so it accrues. However I’ve never submitted any time off. So I’m always fully accrued, cash it out regularly, and I still get to take unlimited time off. This only works with the right manager and proper managing up. It keeps the team happy so the manager is willing to bend the rules a little or look the other way. Also, one bad coworker can screw it up for everyone so we kind of make sure we’re not keeping track of each other.