The $100 MBA Show
MBA2240 Q&A Wednesday: Should I offer an unlimited paid leave policy for my team?
08 Feb 2023
How much time off is too much? Or is there any such thing as too much?In an era of high employment and the ‘Great Resignation,’ it can be tough to make your company the place to be for the most talented and dedicated employees. One benefit some startups have tried sounds a little extreme, but it’s a thing: unlimited leave. The question: does that really work out?It’s Q&A Wednesday, and we’ve got a listener with a small software startup who wants to scale up. They’re considering a no-limits time-off policy, but they’re hesitant.Will anyone show up to work? Will this attract the best, or the laziest? Will the current team slap permanent “brb” signs on their desks?As it turns out, the downside of unlimited leave isn't what you’d expect. In fact, it’s kinda the opposite.Today, we explore how this controversial policy has worked out for other companies. Plus, we’ll share our own leave policy, and how we arrived at it. Click Play!SUBSCRIBEYouTube | Apple Podcast | Spotify | Podcast Feed Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.
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