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Aa while i'm wrong
I have a shocking statistic for you
If you're a typical american worker
This year you will take a total of ten days paid leave
Oh
My god in america
It's like just does work work until you kill over over vacation yeah just just two weeks
It's not that much internationally i get this
You'll also leave one third of your vacation allowance unused
That's according to the survey by financial tech company
So by uh wewe're not even using all of the very megvvacation is working yeah is deeply wrong with american society
I'm sorry to get a dezroy open
Why are you leaving vacation unused
I don't know yeah
I'm never understrainy there
Although i'm like do i have a new vacation up
You know what i'm leaving yeah
See you on the fall
But you know some companies have done away with tracking vacation time
Altogether they're offering unlimited pay time off
Now this isn't new endless leave was made famous by netflix fifteen years ago
But over the last decade
It's spread from silicon on valley to more main street companies
This is the indicator from planet money on daran woods
And i'm waie in wrong today on the show is unlimited pay time off a great benefit
We try to figure out
Whether susupoposetely all you can take a vacation actually works merriitof
Simmons is a marketing specialist
And one of her first jobs out of college was selling phones and laptops with no pay time off
She had to squeeze in any trips
Pretty tightly
I wanted to go to disney
I'll ll with one of my coworkers and it took weeks for them to build a schedule
So we could go
And it work close on sunday ys
So we starit off
So yet a half day on a saturday
We could drive down to ana hang
Which was like a four hour drive go to disneney and spend the night
And then be back before we'd have to work monday morning
But when merydith applied for another job
She was excited to hear it not only had pay time off
It had unlimited paying time off
I wanted this is great
It'll take over the time time that i need
So we took like my work like you know kind of like been trelike a grown up
It obviously unlimited
Paytime off is never truly unlimited
Although i what of the company paying you for
But you would expect it translates into generous helpings of vacation time merirrotives jojoin the time company with this in mind she started as a remote worker later
The company asked to to relocate to its indiana office
She took a few days off for the drive
My manager actually called me in the middle of the driving hand
When needed ded to join ed out right now
And i was only off for five or six days
And maybe it's okay as a one off
But it was for shadowing
What was to come
What maried that things was
Was coof the problem here was that there wasn't a formalize system of requesting a foracking paid time off or pto
People didn't know who of their colleagues or off work
The company culture was ambiguous ous
When it came vacation to say the least the entire time
She was there which was a year in a half
She felt comfortable enough to take just six days off
And she did need more my mother and lai actually passed away
And i didn't feel comfortable despite the fact having a limited pto acactually take time off
And i didn't feel reached out
Now and now i was only that y're doing the funeral
All the day that she passed away
That's
That's actually what made me think about leaving that company
And i did six months later
Because it was just like i'm not getting what i need to take care of myself
Meritous experience with the supposed perk is born out in the data
Genuine is a senior economist that revalo labies and genine compared companies
Bicies on online work work by review websites on blassed by fishbowl
We do see that uh ratins are
Are lower for companies with unlimited pet o policies
Now the companies that are more likely to have unlimited paytime off
Our tech companies which might have their own peculiarities
So in this analysis
Jen was comparing like with like she was comparing companies with their competitors in the same industries
You know marketing or architecture
Eronically when droke down the category
These companies that worwork in competianies
It was two point five percent lower
And it seems like potential applicants there are cotining on the idea
Yeah
That unlimited pay time off might still mean a lot of pressure to work look online
And there's a lot of toxing
That unlimited pay time off is a scam with unlimited pay time off employers often aren't obliged to pay out unused vacation balances
When an employee leaves
So the policy often saes the company money
When the expense of the employee
And maybe a conconence genans analysis finds that job postings with unlimited paid time off taken average of about twelve days longer to fill right think it kind of indicates
That there is this negative view on unlimited seeto that may job seekers where ry about these postings
And they don't know what they're going into
They don't know if there's a clear guidance on this
And they're ying to avoiid it
There was made it
Us thinking
When she applied for a new job at a tech company
Their pitch unlimited time off right nice
I have an agagges of a cymitic by this
This in the interview link
Okay this is going to be the same same movie
I know the enenbut in a twist worthy of am ninight shammalon movie
This company was different
When i get the offer for the call
Call for peroffer al say we
We want to to start this
Because
Because wanted have enough on ording time
Because your manager is going to be on a trip for a couple of weeks
Because we want to make sure you have time to ask ked them questions before they go
Because they won't be available
Because i was thinking to myself weight is
Is this real that the recruitter knows that the person's can be my manager is going on this vacation
I start the job and a manager does go on vacation
She's gone for three weeks
And was truly offline
It was like okay
This is legitimate
This is great green flags
Everywhere a system tracking leave senior people like solid models
And taking time off and no weird like hybrid vacation
We 're getting scane in your laptop keyboard
Worwortotally worse than srots
Which weritive had the confidence to take some time off
Yelloestone a meditranean cruise
And she took time off to judge big goods for a youth event
It is a whole day event so unkids really like forward to it what a good
Yeah
Ah i get paid like fifty box for it
It's
It's fun so unlimited by time off was actually now working for maraative
When it was supported by solid systems and a workplace culture that encouraged time off which might be why there are awesome bright spots
While the policy is still rare
But twbe en they mid twenty tens and today a limited pay time off groups hinfold at the george of view webs like glass door
People review places
They have worked and for each workplace you can write a prose list and cons list and eighty six percent of the time unlimited pay time off is listed in the prose column as a positive thing also unlimited pay time off programs also end to rate higher than limited ones
Jenyan the economist says
It's a mixed picture
The people that like it
And like how it was implemented in the company
Really like the the policy itself so it
Those other people and there re's other times when the policy doesn't work out
That it can go really bad
So geniine and the colleagues want to encourage practices that make unlimited paytime off work for everybody
We're just trying to enlelege employers to look how it better examples in terms of how to implement this policy in their workplace
So from the stories of marriit of jene in other people
We plicy
We've kind to discover that unlimited pay time off doesn't really mean that much on its own what matters for
Whether you're really going to
To get time off to reset is about the systems in culture of a workplace
But you know how you fifigure out out what appicying for a joice
Like how do prpractically do it
Maritdeh has a advice
What i told people to ask is ask every person in interview
What was last vacation you took
And how long were you gone
If they don't have a good answer
It's a pretty good sign
People don't take it
If they don't lide up about where they went
It was probably a stressful experience
And if they don't have any answer at all it ruunaway rn away
Where there as well just coolly man right to the wall at the mpu
It was n't something
I said
The subsode of the inicicatatwas produced by cupiicatts
Vickiin with engineering by james 's williins
This facccax by crra at is taken canof edittes show and the inicicators a production of npr
