Employee Benefits
Apr. 21, 2011
More Employers Give Unlimited Vacation
A small but growing number of businesses are retiring their traditional vacation benefits policies in exchange for a honor system of sorts that has yet to be legally tested. The trade-off: vacation days don't accrue.
Daily Journal Staff Writer
A small but growing number of businesses are retiring their traditional vacation benefits policies in exchange for an honor system of sorts in which salaried workers take as many days off as they like - within reason and with a manager's approval, but without being tallied. The tradeoff: those vacation days don't accrue - meaning employers don't have to write massive checks for unused vacation when ...
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