LinkedIn has revealed that it will soon adopt a new vacation policy with no minimum or maximum vacation days. Everyone just sorts out how much time to be spent on vacation with their own manager.
Tech firm changes vacation policy, employees to get 'unlimited' vacation plus 17 paid holidays
LinkedIn admits that the “unlimited” vacation model is not its original idea. It has been a thing in the tech-startup world for quite some time.
The company is also turning July 4 into an extra-long holiday break. All in all, LinkedIn is going from just 15 days of accrued vacation and 13 paid holidays to the “discretionary time of” model (DTO) and 17 paid holidays, all of which will take effect from November 1, according to the company.
LinkedIn admits that the “unlimited” vacation model is not its original idea. It has been a thing in the tech-startup world for quite some time. The same model is actually used at Business Insider.
However, it is quite unusual for a company of LinkedIn’s size – the company has over 8,000 employees in 30 countries – to take on this kind of model.
According to Pat Wadors, LinkedIn’s top HR exec, in a blog post, the new policy puts the onus on the employee to “act like an owner” of his or her vacation needs.
In recent times, there have been calls to curb the way tech culture glorifies “workaholism”, with research showing that on the average, employees only take about half the vacation they are entitled to.
JOIN OUR PULSE COMMUNITY!
Eyewitness? Submit your stories now via social or: