Results for - When Unlimited Vacation Time Didn't Work, CEO Now Pays His Employees to Take Vacations

2,432 voters participated in this survey

Mark Douglas, CEO of the marketing and advertising company, SteelHouse, gave each of his employees unlimited vacation time to use as they wished, when his company started in 2010. Very few of them actually took advantage of the "endless vacation time". Therefore, to encourage his employees to take time away from the office, he started offering each employee up to $2000 a year to help them enjoy their vacations.

If your employer offered you unlimited vacation days, would you spend a lot more time on vacation than you would with a limited amount?

1. If your employer offered you unlimited vacation days, would you spend a lot more time on vacation than you would with a limited amount?

Yes
42%
1,008 votes
No
17%
415 votes
Undecided
22%
532 votes
Not Applicable
19%
445 votes

2. If you were the CEO of a company, would you be afraid to give your employees an unlimited amount of vacation time - for fear that no one would ever show up to work?

Yes
42%
1,010 votes
No
23%
541 votes
Undecided
18%
442 votes
Not Applicable
17%
407 votes
If you work at SteelHouse, the company will pay you $2,000 a year to go anywhere in the world and do anything you want (provided it's not illegal). You can spread it out across multiple trips or blow it all at once; Douglas leaves it up to the team member.

3. If you work at SteelHouse, the company will pay you $2,000 a year to go anywhere in the world and do anything you want (provided it's not illegal). You can spread it out across multiple trips or blow it all at once; Douglas leaves it up to the team member. "Our culture is really simple," he said. "It's based on trust and ambition." Would you like to work for a company that pays you to take vacation?

Yes
78%
1,874 votes
No
6%
146 votes
Undecided
16%
380 votes

4. Typical employers give their workers up to 3 weeks of vacation time each year. If you are currently employed full-time, do you use all of your vacation time each year?

Yes
25%
610 votes
No
15%
364 votes
Not Applicable
59%
1,426 votes

5. The trust goes both ways, Douglas adds. Employees who buy their plane tickets on a Monday will get reimbursed by Tuesday. If the employee can't front the cash, SteelHouse will let them use the company credit card to book the flight. Once people return from their trips, they can submit their expenses for reimbursement up to the $2,000 cap. Do you know of any employers who let their workers charge things like plane tickets (for a personal vacation) on a company credit card?

Yes
8%
199 votes
No
75%
1,797 votes
Undecided
17%
404 votes
Of course, some people have said they don't need time off and asked for a $2,000 bonus instead, but Douglas is adamant about how the money is used.

6. Of course, some people have said they don't need time off and asked for a $2,000 bonus instead, but Douglas is adamant about how the money is used. "I actually want you to go somewhere and enjoy yourself," he said. Would you be more likely to take a nice vacation if your employer would reimburse you for your expenses - up to $2000 per year?

Yes
71%
1,709 votes
No
9%
205 votes
Undecided
20%
486 votes

7. And such carefree vacation policies hurt the company? The results have spoken for themselves, Douglas says. In the last three years, only five people out of 250 have left the company, three of whom left for reasons unrelated to the job itself. "We have virtually zero turnover," he said. The company has also found that people who come to work recharged tend to be more productive. Does it surprise you that SteelHouse has nearly zero turnover and it's employees work hard for the company?

Yes
16%
393 votes
No
62%
1,497 votes
Undecided
21%
510 votes

8. And as to why he's being so cutting-edge, Douglas says he wants his team members, many of whom are younger than 30 and haven't had many other employers, to one day create companies that enact similarly forward-thinking policies. Do you respect employers who are willing to step out on faith in their employees and try to change the way things are done - for the better?

Yes
72%
1,724 votes
No
7%
161 votes
Undecided
21%
515 votes
07/05/2019 Careers 2432 61 By: bezdekbt

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By: bezdekbt