Is an unlimited vacation policy really that great? (payment, money, full time)
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Thanks for all the advice so far. I have not gotten an offer yet so this is just hypothetical as of now. Upon investigating more, the co seems to tout 'unlimited' vacation except of course there are some caveats … and one cannot take off in more than 10-day increments (so it's not really free-reign … like you can't just go and take a month off …. and you shouldn't anyway).
So that "unlimited" vacation is really limited - so they're lying. Scam-o-rama.
The disadvantages of an "unlimited vacation" policy has nothing to do with performance standards. Employees that resign do not get to cash in their unused vacation time. Nothing to do with performance. Employees who don't take much or any vacation time cannot cash in their unused vacation time. Nothing to do with performance. Well performing employees who are too afraid to take any vacation time because they will be perceived as slackers has nothing to do with performance.
The solution for employees is to never resign. Just "go on vacation" indefinitely until the company can bear it no more.
So that "unlimited" vacation is really limited - so they're lying. Scam-o-rama.
yeah. I like more of a definition of what "unlimited" really means. It sounds attractive on paper … but really what company would be ok with a free reign to take like months & months off @ a time. I would think limits need to be set.
Inigo Montoya says "you keep using that word, I don't think it means what you think it means"
Unlimited means no limits. The minute there are any limits on so-called "unlimited vacation", it is no longer unlimited and thus false advertising. Another word for this is scam.
And you apparently don't understand that the word "vacation" also has a meaning.
But sure, keep making the silly argument that someone should "hire" you and pay you a full time salary to never actually work.
And you apparently don't understand that the word "vacation" also has a meaning.
But sure, keep making the silly argument that someone should "hire" you and pay you a full time salary to never actually work.
But that is exactly what the employer is advertising. "Unlimited" means there is no limit. It is a silly argument that an employer should hire someone and pay them a salary when that employee takes a permanent vacation. That is not what a business is all about.
I don't think that bobsell is arguing that companies should hire people and let them go on 40 year vacations. What he is pointing out is that employers who claim to have an unlimited vacation policy are being disingenuous since they are not going to let their employees go on vacations any time they want and for as long as they want.
What is so difficult to understand about "unlimited" being without limit? And no one here is saying that employers should be forced to hire people and let them go on permanent vacation. That is completely absurd.
In many states this is illegal. The company is required to pay out the balances.
A few is not the same as many. Your statement is purposefully misleading. Three states explicitly require carry over balances. There's an additional exception in many states for payout upon termination but that doesn't apply here.
So here we have another person who does not know what "unlimited" means. Perhaps an English dictionary is a good investment for you?
I think someone who lies should not be trusted. When someone says vacation is unlimited and they place limits on it, that's called LYING.
I know, that's hard to understand.
I guess honesty and ethics mean nothing to you.
You've been told repeatedly what those policies mean in the same words you'd be told in an interview. If you have an issue with the verbiage and are unable to get past a phrase to the policy itself, there's not much more we can do. I sincerely hope you aren't this stubborn on the job.
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