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New ‘unlimited work leave’ and its pitfalls
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Such policies are more common for executives whose jobs require them to respond to calls and e-mails even on days off.
PHOTO: PEXELS
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Microsoft, Adobe, Netflix and Goldman Sachs Group are among a growing list of companies switching from offering employees a fixed allowance of paid time off to unlimited vacation. To workers, it may seem like a dream.
Such plans also can have benefits for businesses and even save them money. Yet, there are potential pitfalls in the mix for both employees and employers that can make time off with no limits too much of a good thing.
