Lindsay Ellis

speaker

770 appearances 18 recordings 1 series first heard Mar 2022 last heard Jan 2025

Lindsay Ellis’s voice in public audio — every appearance, attributed to the second.

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WSJ Your Money Briefing · Unlimited Vacation Time: The Latest Corporate Perk · 18 May 2022 podcast

Unlimited paid time off has been adopted more broadly in this tight labor market. voice-verified

In some cases, it's only for certain types of employees who have reached a certain level at the company or those who are full-time and not part-time. voice-verified

But companies who have adopted the policy say it can minimize burnout to give people a little bit more flexibility and also instill just a sense of trust in the workplace that it's up to you to manage your time to get the job done voice-verified

If you think you can do it while taking days off here and there, you know, that's good for both of us. voice-verified

And, you know, the other thing, of course, is that when you're trying to bring employees in the door, it's a perk that seems to be pretty popular among job candidates and among employees. voice-verified

Some Glassdoor data that we reviewed looked at when people have this benefit, do they cite it as a perk? voice-verified

And nearly all of the reviews that mention this say it's a benefit and not a drawback. voice-verified

So I think in a lot of cases, it starts with a conversation with a manager and sometimes with a team. voice-verified

Instead of going to an internal software system and saying, I would like out a week from Tuesday and take a long weekend the day after, it's more a conversation with a manager saying, here's what I'm thinking. voice-verified

How does that voice-verified

square with the team's needs and our project's needs. voice-verified

Companies who I talked to made the distinction that it's not necessarily fair to call this unlimited time off because if you're not doing the job, then you're not going to get the approval from your manager or voice-verified

But I think sort of it goes back to the sense of, you know, a lot of places aren't keeping track. voice-verified

They're kind of eliminating that sense of, OK, you know, Lindsay's taken off X number of days or John Smith has taken off Y number of days. voice-verified

that it really is more of a trust-based conversation between employee and manager the one other thing i'll add too is just that you know one company i talked to said if you're going to take more than three weeks off consecutively let's talk about whether that should be a different kind of leave i mean is this for a personal reason i mean is is there sort of a family need voice-verified

and making sure that upwards of a few consecutive weeks, you really talk about what this leave is for. voice-verified

So the track record of workers actually taking more days off has been mixed. voice-verified

Back in 2019, employees with unlimited vacation time took about two more vacation days than those with a capped number of vacation days. voice-verified

That's according to JustWorks, which makes sort of software for businesses that, you know, is inclusive of some HR services. voice-verified

But over the pandemic, that figure has kind of flipped. voice-verified

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