How common is unlimited vacation?
How common is unlimited vacation? Is it just a fad? So far, unlimited time off is still relatively rare. Only around 6% of employers offer it, according to a 2022 employee benefits survey by the Society for Human Resource Management. Many, like Microsoft and Netflix, are in the tech industry, where competition for talent can be fierce.
Is unlimited vacation a red flag?
No, unlimited PTO is not a red flag on it's own. If they are unable to provide that information, it could be considered a red flag. If they are able to tell you how many days employees take off, it can be a sign that employees enjoy this benefit and are taking advantage of it.