Is Unlimited Vacation A Good Thing?

By Virginia Prescott on Tuesday, July 29, 2008.
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Summer is in full swing, and many of us still have a few vacation days left - maybe enough to hit the beach, go camping, visit the in-laws, or put in a few more rounds of golf. But a quarter of private-sector U.S. workers have no paid vacation at all, and a 2006 Harris Interactive poll says that one-third of American workers don’t take all of their vacation.

A growing number of companies are moving away from the 50-weeks on, two-weeks off model, and constructing variations of unlimited vacation policies. The upshot is, if you can get your work done, you can go. If that sounds too good to be true, that’s because it probably is. Alison Lobron wrote about the trend for The Boston Globe, and she joins us with more.

(Photo by benchristen)

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