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Opportunities and Challenges of the Unlimited Vacation Policy

 

Understand the ins and outs of an unlimited vacation policy and decide whether one will work for your organization.

For HR, vacation balances can be incredibly time-consuming. You have to worry about different accrual rates for different employees and set up tracking systems to account for those different rates. You have to make sure time off is being properly requested, approved, and accounted for. Another headache can occur every time a company has to pay out unused vacation days if an employee quits or is terminated from employment. These difficulties have lead many companies to implement the unlimited vacation policy. Unlimited vacation can be a real game changer. No more big vacation payouts at termination. No more financial liability on the company's books. Plus, it can be a valuable benefit used to attract and retain the best talent for your organization. This topic will inform you on the ins and outs of an unlimited vacation policy and help you figure out whether one will work for your organization.

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Opportunities and Challenges of the Unlimited Vacation Policy

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Opportunities and Challenges of the Unlimited Vacation Policy

Faculty

Rebecca Dobbs Bush, Esq.

Rebecca Dobbs Bush, Esq.

SmithAmundsen LLC

  • Partner with SmithAmundsen LLC
  • Selected to the Illinois Super Lawyers list of Rising Stars, 2013 - 2017
  • Practice emphasizes all aspects of employee benefits and compensation, employment law, government regulation, audit and compliance, staffing agency, independent contractor and contingent workforce, unfair competition counseling and litigation, and wage and hour
  • Conducts regular seminars and webinars on numerous employment and labor law topics, including employment contracts, health care reform, employee medical issues, Affordable Care Act, Department of Labor benefits, audit and compliance, and more
  • Author of several publications related to the areas of employment law, including SmithAmundsen's Labor & Employment Law Update, a labor and employment advisory blog; Illinois Chamber of Commerce's Chamber Dispatch, an HR advisory blog; and contributing author of the Illinois Employment Law Handbook, Illinois Chamber's most comprehensive publication and reference guide for employers in complying with Illinois and federal labor and employment law
  • Member of Illinois State Bar Association, Illinois Association of Defense Trial Counsel, Wisconsin State Bar Association, National Society of Human Resource Management, and American Benefits Council
  • J.D. degree, magna cum laude, Northern Illinois University College of Law; B.S. degree, Northern Illinois University
  • Can be contacted at 608-412-5106, [email protected], or Twitter® @Dobbslawyer
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Opportunities and Challenges of the Unlimited Vacation Policy

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