Employee leave is considered the most valuable commodity by the working people of the UK. More important than oil, gas and water – the average person being given one week holiday for every three months worked.
However, there are some companies that entitle their workers to unlimited leave – let’s break this down.
A new Guardian piece suggests that nearly 9% of companies around the world offer an ‘unlimited leave’ arrangement. Notable names include Netflix, LinkedIn and Virgin Management.
The theory behind the freedom is best put by a spokesman for Virgin: “People have busy lives and by giving them the flexibility and the opportunities to spend valuable time out of the office, we believe that it has created a happier and more empowered environment, which can be an incentive for some people”. Seems simple enough, right?
As long as the work is being covered, employees have free reign to come and go as they please. Although, as great as it sounds, what’s to stop anyone from abusing it? Apparently a lot. In fact, 58% of Australian workers don’t even make full-use of their allocated leave let alone show signs of pulling the wool over their superiors’ eyes.
The scheme is admittedly enticing and we’d all like to imagine a world where we can take a personal day whenever we want but you think honestly about it, no one would make a habit of abusing the policy – people care about their jobs too much.