As someone who has this "perk" at their company let me list the downsides, because honestly, I HATE this policy... - You are never "entitled" to vacation, because you don't accumulate days. This means that it's up to your manager to approve or deny ANY vacation time. - Since you never accumulate days, you can never bank vacation for a longer trip - Since you never accumulate days, you can never get paid for unused vacation time, which is mandated by law (tricky!) - Since you are not "entitled" to days off, most people actually take fewer days off, thus the company is kind of ripping you off.
Just my two cents and someone who's been cranky about not having defined "vacation" for the last 4 years...
- You are never "entitled" to vacation, because you don't accumulate days. This means that it's up to your manager to approve or deny ANY vacation time.
- Since you never accumulate days, you can never bank vacation for a longer trip
- Since you never accumulate days, you can never get paid for unused vacation time, which is mandated by law (tricky!)
- Since you are not "entitled" to days off, most people actually take fewer days off, thus the company is kind of ripping you off.
Just my two cents and someone who's been cranky about not having defined "vacation" for the last 4 years...