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 led many companies to implement the 'unlimited' vacation policy.
During this webinar, hosted by the Lorman Education Services, Rebecca Dobbs Bush discusses the ins and outs of an unlimited vacation policy and how to figure out which one will work for your organization.