Businesses are increasingly looking at unlimited vacation time in an effort to increase productivity. Sounds counterintuitive but for companies like Hubspot, the benefit outweighs the cost. Since Hubspot implemented the unlimited vacation time the company has been ranked the number two fastest growing software company by Inc. 500.
The fact is that Hubspot and other companies with similar vacation policies have created an environment where employees know they are trusted. In turn employees have a vested interest and personal responsibility to get their work completed. The result is increased productivity and less employee turnover.
Employees want to stay with a company that trusts them to get their projects completed “anytime, anywhere as long as they are completed.” We’ve come a long way from the 1950’s boss who breathes down the neck of their employees while screaming deadlines and the value of 9-5 business hours.
The fact of the matter is that unlimited vacation time won’t work for all industries. A manufacturing plant needs people to manage the plant functions. Municipal services like trash pick-up can’t be done whenever the driver wants to work. The lesson to be learned is in the value of creating a work environment where employees are trusted and appreciated.
John Schaefer is a Consultant with over 20 years of experience helping companies realize and react to what he calls theEmployer/Employee Disconnect. “Your people have the capacity and desire to become far more involved and productive than they are today. The resources required are freely available, if you simply choose to use them,” says Schaefer. “The key is to get your managers and supervisors to embrace this challenge by seeing what’s financially in it for them.”
Schaefer Recognition Group will share a thorough understanding of the WHAT, WHY and HOW of employee recognition and training to help you – Optimize Your Most Valuable Asset – PEOPLE!
John R. Schaefer – toll free (888) 646-6670 – john@SchaeferRecognitionGroup.com