Recently, LinkedIn announced it will adopt a new vacation policy that includes no minimum or maximum vacation days. With this new policy going into effect, LinkedIn is going from 15 days of accrued vacation and 13 paid holidays to "discretionary time off" and 17 paid holidays. For those of you looking to jump on board LinkedIn, given this new policy, note that it takes effect on November 1 of this year.
Readers might remember another tech company, Netflix, announcing unlimited parental leave back in August. (Netflix Announces Unlimited Parental Leave). Or perhaps other companies such as Nestle, Virgin, or Toms who enacted similar leave policies. (Increasing Number of Companies Are Expanding Their Leave Policies). While LinkedIn's new policy is not so much geared towards parental leave matters, it still provides its employees an opportunity "act like an owner" of his or her vacation needs (or at least that is how LinkedIn's HR executive, Pat Wadors, phrases it).
This is an intriguing new vacation policy, although LinkedIn is not the first company to venture down this road. It will be interesting to see how many employees utilize this new policy (or rather start to abuse it). Something tells me though that most employees will not be keen to start racking up frequent flyer points, given the fear that often comes with taking too much time off work.
In any event, LinkedIn should be applauded for this new policy. Good to see companies starting to offer these types of vacation and leave policies to allow their employees to recharge and take time for themselves.
For additional information: http://www.businessinsider.com/linkedin-moves-to-unlimited-vacation-17-paid-holidays-2015-10
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