Lol. Sounds like my previous employer’s policy…. It means you don’t accrue vacation time. When you want to take vacation, you simply let your manager know and subject to project deadlines, your manager just lets you take vacation time off.
Companies pitch this as essentially you have “unlimited vacation”. In practice, you take vacation in 2-3 week increments and usually don’t take more than 4-weeks per year. If you abuse the unlimited vacation policy, it’s a clear indicator to management that you aren’t busy enough. lol.
In theory if you have a shitty manager that hates you, you’re subject to his discretion as to when vacation time is “available” (again subject to project schedules)…But in most cases, managers don’t fvck with this, so that really isn’t something to worry about.
Also, when you leave the company, they don’t pay you anything for any unused vacation, because again, you aren’t accruing anything… which is the real reason why more companies do this. Before, there were many employees that never fully use their vacation time, and by law, accrued vacation has to be paid out. Some companies tried to cap vacation accrual so that if you hit more than say 6 weeks, you simply would not accrue any more vacation time..But still, unused vacation balances were still a financial liability for companies, so the way they get around this is to remove accrued vacation, and replace it with one that is “unlimited vacation, but non-accrued”
I for one am glad I am going back to a company that actually has paid/accrued vacation. They start everyone out with 4 weeks, and add 1 week every year up to 7 weeks starting your third year. And I think the maximum accrual is around 8 or something like that.
