Is the unlimited vacation policy working? A. So far.
As part of our journey, we've also established an unlimited vacation policy.
Still, a vacation policy based on seniority has the advantage of being clear.
Q. Did some people say the new vacation policy was a risky step? A. Believe me, we had a huge debate.
An employee's perception that a vacation policy is unfair can lead to a sense of distrust and a lack of commitment, he warned.
For example, when the chief executive imposed a formal vacation policy and other aspects of a classic corporate structure, the founders told him he was ruining the culture.
But they point to employee surveys showing that the self-directed work and vacation policy is one of the top three reasons workers choose to stay there.
(Soon after, she left that employer, which she declined to name, and went to work for one with a more flexible vacation policy).
Q. Tell me about some other things you do. A. We recently changed our vacation policy to give people unlimited vacation, so they can take as much time as they want, as long as they get their job done.
Bob Davis, president and chief executive of Schulz Electric, a New Haven company that repairs industrial equipment, said he offered a generous vacation policy — two weeks in the first year — to attract talented workers.
In the quarter a year earlier, the bottler had a gain of $38 million, or 25 cents a share, for a change in vacation policy and a balance from unnecessary restructuring results.
