Saturday, October 11, 2014

Is Richard Branson's Limitless Holiday Entitlement Policy Really Such a Good Idea?

In Richard Branson's family offices, the employees are entitled to take as much holiday as they wish. Or so the headlines would have us believe.   Branson calls this a 'non-policy' and states that, “It is left to the employee alone to decide if and when he or she feels like taking a few hours a day, a week or a month off, the assumption being that they are only going to do it when they feel 100% comfortable that they and their team are up to date on every project and that their absence will not in any way damage the business – or, for that matter, their careers!”