How does unlimited vacation work?

[Anonymous]

I was reading an article on WTOP about the best places to work in DC and a few offer unlimited vacation. Do you just take unpaid days after you use what the company pays? How does it work? Is there any benefit to the company?


http://www.wtop.com/41/3318051/DC-companies-top-best-workplace-list

[Anonymous]

Many law fis have unlimited vacation. You get your salary. You take off as much as you want/can so long as you make your billable targets. It works well for those who are efficient and with the right practice.

[Anonymous]

Anonymous wrote:Many law fis have unlimited vacation. You get your salary. You take off as much as you want/can so long as you make your billable targets. It works well for those who are efficient and with the right practice.

Also, you don't get paid out for any vacation when you leave. Most places with unlimited vacations like big firms are places where you generally can't take that much time off.

[Anonymous]

If it sounds too good to be true...

[Anonymous]

Except when its not. I take 2-3 days a month for long weekends, plus 4 or 5 weeks a year of "Real" vacation (2 weeks for christmas, at last 1 for thanksgiving than usually 1 in spring and 1 sometime some other moment). I once estimated I take about 60 to 70 days a year counting time off for kids being sick, etc.

Jobs like that exist.

[Anonymous]

I worked in one place where we had unlimited vacation. You took what you could and still meet your performance targets. Interestingly once we switched to a more formal vacation policy people ended up taking more vacation because we felt like it was part of the package and you knew how many days you had "earned". People got into a mindset of wanting to use all their vacation days. When we had unlimited days that didn't happen.

[Anonymous]

Anonymous wrote:Except when its not. I take 2-3 days a month for long weekends, plus 4 or 5 weeks a year of "Real" vacation (2 weeks for christmas, at last 1 for thanksgiving than usually 1 in spring and 1 sometime some other moment). I once estimated I take about 60 to 70 days a year counting time off for kids being sick, etc.

Jobs like that exist.

World bank or IMF?

[Anonymous]

I once worked for an investment bank and we had unlimited vacation (actually, they didn't even call it vacation, it was called PTO - paid time off). We also got free breakfast, catered lunch, and free dinner if you were working late (which was at least 5, and often 7 nights a week). Of course, we were working at least 80, sometimes more like 100 hours a weeks, so most of us weren't even thinking vacation. I worked there for 3 years and I probably took no more than 3 weeks off total during that time (and at least a half of that time was for Jewish holidays, so almost no "real" vacation).

[Anonymous]

Anonymous wrote:

Anonymous wrote:Except when its not. I take 2-3 days a month for long weekends, plus 4 or 5 weeks a year of "Real" vacation (2 weeks for christmas, at last 1 for thanksgiving than usually 1 in spring and 1 sometime some other moment). I once estimated I take about 60 to 70 days a year counting time off for kids being sick, etc.

Jobs like that exist.

World bank or IMF?

Neither, and honestly from what I see those guys all work pretty hard.

[Anonymous]

Anonymous wrote:

Anonymous wrote:Except when its not. I take 2-3 days a month for long weekends, plus 4 or 5 weeks a year of "Real" vacation (2 weeks for christmas, at last 1 for thanksgiving than usually 1 in spring and 1 sometime some other moment). I once estimated I take about 60 to 70 days a year counting time off for kids being sick, etc.

Jobs like that exist.

World bank or IMF?

LOL!

They offer neither unlimited vacation nor 60 to 70 days of leave per year.

[Anonymous]

Become a tenured university professor and you have 4 months off (3 months summer and 1 month winter breaks) each year. In addition, if you want, you can come to school only when you have teaching assignments (usually 2 days a week).
It's the closest unlimited vacation I can think of.

[Anonymous]

Anonymous wrote:

Anonymous wrote:Except when its not. I take 2-3 days a month for long weekends, plus 4 or 5 weeks a year of "Real" vacation (2 weeks for christmas, at last 1 for thanksgiving than usually 1 in spring and 1 sometime some other moment). I once estimated I take about 60 to 70 days a year counting time off for kids being sick, etc.

Jobs like that exist.

World bank or IMF?

26-30 days. Standard foe civilised countries.

[Anonymous]

Where da vacay jobs at?

[Anonymous]

My former company had unlimited vacation. If your supervisor approved it, you could go. People didn't really abuse it for the most part.

[Anonymous]

My husband's job has 6 weeks of vacation... not unlimited, but seems like a lot to me. Anyways, he never has the opportunity to take any of it because of this responsibilities. Basically it sounds good on paper, but I doubt you can actually take it.