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Richard Branson Virgin

Unlimited vacation time

25 Sep, 2014

Branson gives his personal staff unlimited vacation time. The policy applies to around 170 staff in the Virgin head offices in the UK and U.S., and may be introduced for the 50,000 employees of Virgin Group if it is successful. The idea starts when his daughter Holly sends him an article about a similar policy at Netflix. Branson:

It is left to the employee alone to decide if and when he or she feels like taking a few hours, a day, a week or a month off, the assumption being that they are only going to do it when they feel a hundred per cent comfortable that they and their team are up to date on every project and that their absence will not in any way damage the business – or, for that matter, their careers!