ASK NH: What are your thoughts/experiences with 'unlimited vacation days'?
I recently got introduced to the concept of 'unlimited vacation days'. It was a big surprise, but after thinking about it for a while I'm a bit skeptical. I did some research on it and in particular read an NPR article. The articles gives a few examples of people taking a few vacations, but they're relatively normal lengths. Each individual's example were 6 weeks for baby, 1 month vacation, 3 months (after NO vacation for THREE years). The length of the vacations are not extreme or too out of ordinary considering the situations, especially for the new baby and never having taken a vacation for 3 years.
I can see the advantage for someone who currently has 2-3 weeks of vacation to increase to 'unlimited vacation days' and then take 4-5 weeks in a year. However for people who already have an above average number of vacation days (5 weeks or more), it doesn't seem like an advantage to have 'unlimited' vacation days. In a field of people all with 'unlimited' days, it seems like you would be an outlier if you attempted to take more days than the rest.
What are your thoughts or experiences with this concept? Also, how many days have you (or someone you know) actually taken with unlimited vacation days.
10 comments
[ 2.7 ms ] story [ 27.9 ms ] threadWith unlimited vacation time, I guess you'd have to use it or lose it. I'd probably be more inclined to take time off during the year than see the opportunity be wasted. If holiday pay can be saved up it doesn't feel like there's an opportunity cost to not taking time off.
I looked around on Google a bit for statistics, but I couldn't find them. I did find some research that mentions unlimited leave / vacation and they found that 1% of companies offered it last year, but they don't show how much people use it. http://media.npr.org/assets/news/2010/08/11/survey.pdf
Some articles mention studies showing that productivity has gone up as a result of such a policy. Again, the skeptic in me wonders how much of that productivity is due to people taking less holidays. On the other hand, I rarely trust any metric of productivity anyway.
People favored will get no push from management for longer or more frequent vacation while those not that good with sucking up feel pressure when asking for vacation. Then in your review they might say you took too much vacation showing lack of interest - nothing good can come out of this. Unwritten rules = politics.
If there is a defined number and person A doesn't like that person B has 5 more days, person A can't blame person B and has to talk to the Boss.
However, if there is no defined number and person A takes 5 more days then maybe person B, D, E might take issue. It's unwritten and undefined, why did person A take more days..?
I think the touching thing about it, was that the CEO's Brian Halligan and Dharmesh Shah, were worried that people would forget to take their vacations.
By the way, Hubspot isn't a small company. They're above 200 people now--and it's working great for them.
I think when I have the opportunity to run an organization, I'll go with the no vacation policy as well.
It worked well for everyone, I think.
From a business owner standpoint, as long as its self-policing it seems like a good way to keep people happy. From an employee standpoint I would believe it to be to truly unlimited in this type of situation. If there aren't teams or the profit you generate for the company isn't bunched into short periods of time, I would be leery to just take off for a month + while everybody else is still working. I think it would result in less vacation being taken since nobody would want to look lazy like provoost touched on.