My employer implemented an “unlimited vacation” policy this year. As we all know it’s not literally unlimited. I can’t just take off the whole year and still expect to get paid.
Unlimited just means there is no officially stated maximum. It’s sort of like the “no pre-set spending limit” on some credit cards. There is a limit. You just don’t know it. Unlimited also means there is no officially stated minimum number of vacation days you are entitled to. Whether it’s half full or half empty is in the eyes of the beholder.
In a way it encourages employees to take vacation. If you don’t take enough days off this year you won’t have any days rolled over to the next year. If you don’t take enough days, when you leave your employer you won’t get paid for any days you didn’t take. So you might as well take them.
On the other hand, employees may be afraid that taking time off makes them look bad. They can’t just point to their accrued vacation days and say those are their days to take.
I’m taking the former approach. I’m tracking the days I take. I make sure I take the same number of days allowed by the old policy. I don’t short-change the company by taking more days. Neither do I short-change myself by taking fewer days. I will end up taking more days than I used to (not banking days anymore).
Has your company moved to unlimited vacation? How would you deal with it if it does?