Opportunities and Challenges of the Unlimited Vacation Policy
1 hour 5 minutes
Understand the ins and outs of an unlimited vacation policy and decide whether one will work for your organization.
There is an increasing trend among employers to offer unlimited vacation time or unlimited paid time off for their exempt employees. Despite the appeal of these policies, there are many pros and cons an employer should consider before adopting such a policy. This course will explore both the advantages and disadvantages of an unlimited vacation or paid time off policy, including the issue of whether and when unlimited vacation or paid time off accrues under state law. Finally, this course will also provide best practices for an employer to draft an unlimited vacation or paid time off policy.
• You will be able to discuss the advantages and disadvantages of an unlimited vacation policy.
• You will be able to identify whether an unlimited vacation policy is the right fit for your company.
• You will be able to recognize whether state law would require a payout of vacation time when an employee leaves the company.
• You will be able to review the best practices in implementing an unlimited vacation policy to avoid potential claims for unpaid vacation when an employee leaves the company.
To register for this live webinar please dial 866-411-6211.