Microsoft giving workers unlimited time off2023-01-12 18:04 by DanielaTags: Microsoft
Microsoft is changing its vacation policy to give U.S.-based salaried workers unlimited time off. Microsoft's chief people officer Kathleen Hogan announced the move in an email to US employees, detailing how it's bringing a more "flexible model" to its vacation policy. "Beginning January 16, 2023, Microsoft is modernizing our vacation policy to a more flexible model and transitioning to Discretionary Time Off (DTO)," a spokesperson said in a statement. "How, when, and where employees do their jobs has dramatically changed and DTO aligns with more flexible ways of working." In addition, Microsoft will offer workers 10 corporate holidays, leaves of absence, sick and mental health time off, as well as time off for jury duty and bereavement. Time-off will still require manager approval, as is standard for companies with "unlimited' vacation time. Employees with unused vacation time prior to Jan. 15 will receive a payout in April. The move isn't unique: it brings Microsoft in line with LinkedIn, which it purchased for $26.6 billion in 2016, and a raft of other big businesses including Oracle, Salesforce, Goldman Sachs, and Netflix. Read more -here-
Post your review/comments
rate:
avg:
|