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Does Unlimited Vacation Time Sound Like a Dream?

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by , 02-03-2016 at 11:01 AM (811 Views)
      
   
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WorldWide staffers received a late holiday gift this year when they returned to work and were given unlimited paid vacation time. The independent employee-owned network of 12 agencies is moving from the more traditional policy of accruing vacation days for personal time off, to flexible time off where there is now no limit.

"In an entrepreneurial company, you want a results-driven culture of trust. You want to find the right people, and it's important to give them the right choices to blend work and life," said CEO Robert Vallee Jr., who explains there's no limit on the paid FTO other than "reasonableness." "Everybody's got a job to do, deadlines and targets are set, and you're still expected to meet them."

How it's working at one agency

Argonaut believes in giving employees the space to find things that inspire. Imagine a job where you're paid to go off and write a screenplay, take a family vacation in Malaysia, study improv, learn film editing or just walk the Santa Cruz boardwalk with your fiancé.

That's a snapshot of some of the recent out-of-office time enjoyed by the 85 staffers at the agency, which also gives employees $500 a year to "enrich their creativity." "We're an industry hinged on creativity," said Margo Menapace, head of culture and talent. "You have to find the things that inspire you." Menapace added that the only catch is making sure the time off is appropriate with work schedules and deadlines: "We trust you. We know you're going to come in, get the work done and be responsible."

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