Hireability

JUNE 22, 2023

In recent years, a handful of companies came up with the idea of unlimited vacation days, breaking free from the standard practice of offering a set number of days for employees to use. Companies like Microsoft , LinkedIn and Netflix have publicly supported unlimited vacation days, a move that some criticized while others praised.

Recruiting Software 44

Recruiting Software Guidelines Policies Trends 44

HRWatchdog

JULY 8, 2020

In recent years, “unlimited” vacation policies have gained traction in California, becoming increasingly popular for providing employees with limitless paid vacation or paid time off (PTO). under normal accrual vacation policies. under normal accrual vacation policies. EF Intercultural Foundation, Inc. ,

Policies 59

Policies Employment Law System Wellness 59

Zenefits

NOVEMBER 13, 2022

Once upon a time, vacation time was doled out judiciously, even stingily depending on the point of view. For these businesses, unlimited vacation time has been the norm and that’s beginning to trickle over into other industries. What does unlimited vacation time offer and what are the benefits of adopting it?

Time and Attendance 41

Time and Attendance Policies Onboarding Software Kronos 41

Best Of HR

OCTOBER 6, 2022

What are best practices for unlimited PTO vacation policies? One way to combat this has been for businesses to offer unlimited PTO for employees to take throughout the year. Define What Unlimited PTO Actually Means. Audit Your Vacation Numbers. Limit Unlimited PTO to Small Teams Only. Set Mandatory Minimums.

Policies 52

Policies Recruiting Software HR Software Visier 52

The HR Capitalist

DECEMBER 16, 2019

If there's ever been a hype machine that reached peak myth status in the world of HR, it's unlimited vacation, trailed closely by: --no performance reviews. --dog-friendly Much has been written about the cool, trusting and performance-first view of any company that would dare to offer unlimited vacation. peer feedback. --HSA

Groups 91

Groups Employee Relations Policies Compliance Training 91

Namely

NOVEMBER 1, 2018

Unlimited paid time off (PTO) has quickly become one of the most popular benefits in the modern workplace, with companies like Glassdoor, Dropbox, and General Electric getting lots of attention around their unlimited policies. So what is unlimited PTO and how can companies create a policy that maximizes the benefits for everyone?

Policies 105

Policies How To Company Performance Management 105

Compensation Cafe

AUGUST 13, 2020

While some people have been able to take real vacations this year, those of us with multi-generational families, who are immunocompromised or have other concerns about our health and welfare have had very limited options. Add in the loss of cachet for the “unlimited PTO” policy. 2020, the year of the forced staycation.

Bonuses and Incentives 98

Bonuses and Incentives Compensation Staffing Software Planning Tools 98

CuteHR

MARCH 5, 2021

To facilitate this, flexible vacation policies have been experimented with and judiciously utilized across verticals. One such strategy is the unlimited vacation policy. If yes, how to successfully implement a flexible vacation policy with best practices? Table Of Contents What is Unlimited Vacation?

Policies 59

Policies HR Planning Handbook Hiring Software 59

Pingboard

OCTOBER 28, 2019

Not too long ago, the idea of offering employees unlimited vacation days might have been seen as excessive or the potential cause of lower productivity in the workplace. Given this, organizations are utilizing unlimited vacation as a way to attract and retain talent. Pros and Cons of an Unlimited Vacation Policy.

Policies 58

Policies Planning Tools Recruiting Software HR Software 58

TalentCulture

JULY 31, 2018

So, you say you offer unlimited vacation. The post Why We Pay Employees $500 to Take Unlimited Vacation appeared first on TalentCulture. But do your employees actually take advantage of it? This is the […].

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Namely

JULY 6, 2017

Unlimited vacation is an increasingly popular benefit among startups and high growth companies. While the promise of unlimited vacation still dazzles many, there has recently been much skepticism around the effectiveness of these plans. So what did the numbers reveal? How do you encourage employees to take time off?

Data 70

Data Bonuses and Incentives Report Policies 70

Hppy

JANUARY 9, 2017

Do you have any friends with an unlimited vacation policy? There’s a lot more to an unlimited vacation policy than meets the eye, however, and there are advantages and disadvantages on both side of the CEO’s desk. But is an unlimited vacation policy right for your company? Where Unlimited Vacation Fits In.

Policies 70

Policies eBook Industry Productivity 70

Namely

APRIL 6, 2017

Though just 1-2% of companies offer unlimited paid time off (PTO), it has quickly become one of the most popular benefits in the modern workplace, with companies like Netflix, LinkedIn, and General Electric getting lots of buzz around their unlimited policies. So why are employees so excited by the idea of unlimited vacation?

Policies 53

Policies Handbook Guidelines Competencies 53

HRWatchdog

JULY 21, 2023

In this episode of The Workplace podcast, CalChamber employment law expert Matthew Roberts sits down with Bianca Saad, CalChamber vice president of labor and employment for content, training and advice, to discuss unlimited paid time off (PTO) policies. Risks Unlimited PTO can be a gray area legally, with not much guidance available.

Policies 89

Policies Wage and Hour Training Handbook Groups 89

Compensation Today

SEPTEMBER 18, 2017

Unless you live under a rock, you may have heard of the new benefit trend taking the North American corporate world by storm: unlimited vacation days. Here are some suggestions to help you navigate the world of unlimited vacation. Unlimited vacation as a recruiting tool. GET A DEMO. Click To Tweet.

Hiring Software 55

Hiring Software Recruiting Software HR Software How To 55

nettime solutions

AUGUST 4, 2015

It’s for this reason that a lot of companies have decided to jump on the unlimited paid time off plan in an effort to attract self-managing and self-motivated employees. Of course that means your recruiters and/or hiring managers have to be much more thorough, because hey, what employee wouldn’t want unlimited time off, right?

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Recruitment Competencies Hiring Course 100

nettime solutions

AUGUST 4, 2015

It’s for this reason that a lot of companies have decided to jump on the unlimited paid time off plan in an effort to attract self-managing and self-motivated employees. Of course that means your recruiters and/or hiring managers have to be much more thorough, because hey, what employee wouldn’t want unlimited time off, right?

Recruitment 100

Recruitment Competencies Hiring Course 100

marenated HR

DECEMBER 9, 2019

If you’re in the HR space and haven’t heard about the unlimited PTO craze, you must be living under a rock. But is unlimited PTO all rainbows and sunshine? What are the pros and cons of unlimited PTO, and how does it actually affect employees? . Employees don’t accrue PTO with an unlimited plan. By Jenny Crumine: .

Trends 40

Trends Hiring Software Planning Tools Retirement 40

Ask a Manager

MAY 17, 2017

A reader writes: We’re thinking about implementing an unlimited paid time off program in my company, where if you need a day, or a week, you take the time and aren’t bound by a certain number of weeks you can take in a year. Certainly there are a ton of considerations in doing this. You can read it here.

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The HRX

JANUARY 3, 2019

In recent years, the topic of unlimited paid time off (PTO) or vacation time has been included as part of a bundle of “perks” from startups and company culture fanatics (think Richard Branson). Unlimited PTO is an employer- friendly policy, but is it an employee- friendly one? employees used 20.3

Policies 40

Policies Study Productivity Training 40

The HRX

JANUARY 17, 2019

In recent years, the topic of unlimited paid time off (PTO) or vacation time has been included as part of a bundle of “perks” from startups and company culture fanatics (think Richard Branson). Unlimited PTO is an employer- friendly policy, but is it an employee- friendly one? employees used 20.3

Policies 40

Policies Study Productivity Training 40

HR Daily Advisor

NOVEMBER 22, 2016

in Springfield, Massachusetts, offered her take on unlimited vacation at BLR’s Advanced Employment Issues Symposium, held recently in Las Vegas. One of the most interesting things surveys find about unlimited vacation policies is that employees may actually take less time if time is unlimited, says Fentin.

Comparison 40

Comparison Policies HR Software Trends 40

HRExecutive

JULY 10, 2017

Since the earliest days of unlimited PTO policies, supporters have argued they are more likely to help productivity than hurt it. In a report titled 2017HR Mythbusters 2017 , developers of the HR technology platform Namely analyze their data from 2016 to test the notion that unlimited vacation does more good than harm.

Productivity 43

Productivity HR Software Planning Tools Analysis 43

Reflektive

MARCH 7, 2018

The State of American Vacation 2017” report—a survey of over 7,000 American workers—found that 38% of employees want to be seen as a “work martyr”, someone who sacrifices time-off to put in more hours at the office. This mindset is part of the reason that the majority of employees, 54%, end the year with unused vacation time.

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Policies Report Retirement Groups 247

HR Digest

JULY 7, 2022

Unlimited PTO is one of those workplace policy perks that is currently getting some attention globally. The term “unlimited PTO” simply stands for “Unlimited Paid-Time-Off.” It is a flexible vacation policy currently practiced by some companies globally, especially technology companies. What is Unlimited PTO?

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Policies Oracle Interview Software HR Software 96

Zenefits

MARCH 13, 2017

Spending time off is great for employees’ wellbeing, but are the benefits of unlimited vacation policies and PTO endless for employers? Creating a vacation policy that both your employees and CFO will love isn’t as easy as it sounds. Also, the amount of vacation time a person takes isn’t tracked. A Case for Testing.

Policies 47

Policies Planning Tools HR Software Zenefits 47

Workable

JULY 14, 2023

The concept of unlimited PTO is becoming more prevalent in today’s work culture, particularly in the tech industry and other knowledge-based sectors where the physical presence of employees is not always necessary. What is unlimited PTO? What is unlimited PTO? How does unlimited PTO work?

Hiring Software 118

Hiring Software Recruiting Software HR Software Knowledge Base 118

Paycor

JUNE 22, 2016

Who doesn’t love a vacation? Vacation time not only boosts the economy, but it boosts the mental health and productivity of employees. That’s why offering unlimited vacations to your employees—something that companies like Virgin and Netflix have done over the last few years—might seem to be totally impractical.

Policies 45

Policies Paycor HR Software Recruiting Software 45

ADP

AUGUST 3, 2018

Sometimes an unlimited vacation policy seems to have the opposite of the intended effect.

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Policies 46

HRExecutive

AUGUST 21, 2023

The concept of unlimited PTO is not altogether new. However, the long-term impact of completely unlimited PTO—offered by employers like Netflix, Zoom and LinkedIn—on metrics like morale and retention remains to be seen, experts say. workers preferring unlimited PTO to a higher salary. And employers are responding.

Retirement 81

Retirement Trends Survey Employee Benefits 81

Helpside

DECEMBER 19, 2023

Allow employees to work remote/hybrid. Do not encourage employees to answer work related phone calls or emails during their vacation/ sick days. Encourage employees to spend time in casual conversation with their coworkers. Provide more part-time job opportunities.

Strategy 98

Strategy Career Development Study Wellness 98

FingerCheck

FEBRUARY 16, 2016

With spring break season rapidly approaching, vacation days and time-off requests are on the minds of many workers, including those in HR. Here are a few key arguments for and against an unlimited vacation days policy. Such was the case at Kickstarter, which last year did away with its unlimited vacation days policy.

Hiring Software 40

Hiring Software HR Software Planning Tools Policies 40

HR Digest

APRIL 3, 2023

Unlimited vacation policies have become increasingly popular among companies in recent years. These policies allow employees to take as much vacation time as they want or need, without being limited by a set number of vacation days per year. Let’s explore the pros and cons of unlimited PTO policies.

Policies 59

Policies Productivity Meeting Company 59

Paychex

MARCH 21, 2017

An unlimited vacation policy can be good for your business and for your team by attracting top talent candidates. Here's a closer look at what companies need to consider.

Policies 55

Policies Company ATS 55

Ask a Manager

JUNE 6, 2016

News & World Report today, I talk about some of the potential downsides of unlimited vacation. You may also like: my coworker booked all the best vacation days for the year and no one else can have them can my employer make me answer my cell phone when I’m on vacation? You can read it here.

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Policies Groups Report Company 50

HR Digest

JUNE 8, 2023

In fact, studies reveal that companies with a strong culture of radical candor enjoy a 40% higher employee retention rate, while those offering unlimited vacation days see a 20% increase in employee satisfaction. Their radical approach to HR, featuring a culture of radical candor and freedom to fail, has propelled them to new heights.

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Study Talent Experience Strategy Productivity 115

BambooHR

SEPTEMBER 22, 2016

At first blush, the concept of unlimited vacation (also known as flexible time off, discretionary PTO, etc.) The post Unlimited Vacation: the Benefits & Drawbacks of Progressive PTO appeared first on. sounds like a dream, not only for employees but employers as well.

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Recruiting Software HR Software Recruitment Tools 40