Posted on 10/14/2015 5:23:35 AM PDT by lowbridge
LinkedIn will soon adopt a new vacation policy with no minimum or maximum vacation days. Everyone just works vacation time out with their own manager.
LinkedIn is also turning July 4 into an extra-long holiday break. All told, the company is going from 15 days of accrued vacation and 13 paid holidays to the "discretionary time off" model (DTO) and 17 paid holidays, effective November 1, the company tells us.
The "unlimited" vacation model is not an original idea, as LinkedIn admits.This has been a thing in the tech-startup world for years. We do the same thing at Business Insider.
But it is unusual for a company the size of LinkedIn to make such a change. LinkedIn has over 8,700 full-time employees in 30 offices worldwide, it says.
According to a study by the WorldatWork Organization published last year, only about 2% of companies offer this kind of alternative-vacation model. Most either offer the traditional model of tracking vacation, sick time, and other time off, or the "personal time off" (PTO) model where time off is one big chunk.
(Excerpt) Read more at businessinsider.com ...
What if a LinkedIn employee became an ex-employee, but never notified LinkedIn? How long would his (paid) vacation last before someone in HR looked at paycheck stub after paycheck stub. Seems like a great way to double up the income over the short term, for something like, I dunno, 3 months?
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