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by harrylove
4115 days ago
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This would seem to echo Hastings' Netflix culture slide deck published in 2009[1]. It's worth reading even if you disagree. The deck was the first time I had heard of a major company having a "no vacation tracking" policy. It was presented in the same context as the HR manual. The policy of having no policies is built on employee trust. Employee trust is built on the standard of only hiring top quality employees. I've never worked for Netflix or any other company willing to make such bold statements so can't speak to the reality. It would be interesting to read a first-hand account from someone who has been at Netflix since the time such non-policies were enacted. At the time, it sounded like a fantastic experiment. I would love to see the results. 1. http://www.slideshare.net/reed2001/culture-1798664 |
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There are two major ramifications of unlimited vacation policies:
1) It changes how you feel about taking time off. Rather than paid time off being something that you have "earned", you evaluate your PTO in comparison to your teammates - specifically most people try to make sure they are not taking off more than the average. The end result being everyone is subconsciously competing with everyone else to consume less PTO than average.
2) Since you have not accrued vacation time, your company does not owe you financial compensation for vacation time not spent when you leave. As someone that changes jobs every 3 or 4 years, this is more painful than it sounds.
If I ever decide to be in a position that affords me the opportunity, I think I would enact a "minimum vacation policy". It's still unlimited, for whatever that's worth, but employees will be required to take a minimum amount of vacation every year.