This is like the unspoken mantra of "unlimited vacation" really being only 2 - 2.5 weeks.
This is like the unspoken mantra of "unlimited vacation" really being only 2 - 2.5 weeks.
Zuck may be doing something similar.
[1] https://www.youtube.com/watch?v=xdfeXqHFmPI (NSFW. Had seen if shared on HN few years back, can't recall by who)
It becomes a badge of honor to let unused vacation expire at the end of the year because you just didn't have time to take it.
I've seen it more than once.
What this really means is, no acquisitions for Facebook once leave starts (except maybe the ones he's already greenlit). At the CEO level, you focus on direction, strategy, and top-level execution of said direction and strategy. You're not designing and doing grunt work. If anyone can step back from a large corporation and watch things keep on humming along, it's the CEO.
I think it depends on your company and management chain. When I worked at Netflix I took more vacation than every before. I'm not even sure how much, since it was untracked, but definitely more than 4 weeks a year.
Our management made sure to set a good example by taking plenty of vacation.
Kickstarter removed it's "unlimited vacation" policy because it found that employees were not taking enough vacation. This seems to be a strong statement from the company that they want to encourage vacation taking.
I can find no evidence that most companies with "unlimited vacation" policies are trying to limit the amount of vacation for its employees. It would be great if you could furnish it, as I'm interested in this topic.
Unlimited vacation means no accrual so no balance sheet hit. It's a sketchy way to save money while effectively hinting that you're not supposed to take vacation. At first, people took unlimited vacation at face value. Now, the industry largely knows that it is industry speak for "2-3 weeks vacation but up to manager discretion."
Funny, because neither company I've worked for has that unspoken policy. You should come in and dictate the actual culture to us since you know it so well. I don't need to tell you the companies of course, since you're already well acquainted with them obviously.
This is true.
"Now, the industry largely knows that it is industry speak for "2-3 weeks vacation but up to manager discretion."
This is generally false for a certain size of company (> 1000 employees). In my case, 4 weeks is common, it varies.