He needed to make a more powerful statement. More recently, Libin decided that unlimited time off wasn’t enough people were still working around the clock. Says Cooper: “It shows a level of trust-that you value your employees and trust that they’ll work hard when they need to.” Human resources association WorldatWork reports that 1% of companies are now offering unlimited paid vacation days. Unlimited vacation time is still a rarity, but more companies are catching on. What makes you more productive is what you should do.” “We don’t pay people hourly,” Libin says. In practice, employees can take as much time off as they want-it isn’t tracked by management-and are held responsible only for their performance. He implemented it at Evernote the next day. Last year, when he got wind of Netflix’s innovative idea to offer employees unlimited paid vacation time, it immediately clicked. ![]() These are some of the reasons why Phil Libin, chief executive of archiving technology provider Evernote, is experimenting with vacation policies for his 210 employees. According to Cooper, research shows that if you consistently work more than 40 hours a week and don’t take vacation, you become ill, your family is negatively impacted and your productivity goes down. Yet, ironically, the more you work, the less you get done. has no minimum and companies provide an average of just two weeks. Employers in France, Italy, Germany and Brazil are required to provide workers 35 to 40 days off a year, but the U.S. Cooper finds this particularly troubling as Americans get less vacation time than most other nations. cities found that 57% of salaried workers don’t take all of their allotted time off. ![]() ![]() A recent survey conducted by Harris Interactive of over 2,500 adults working in major U.S.
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