Unlimited Vacation Time Not A Dream For Some
Rosemary O'Neill's employees weren't sure whether to believe her when she announced a change in vacation policy early this year.
"When I said, 'Unlimited paid leave, no strings attached,' there was a moment of, 'Are you punking us? Is this a joke?' " O'Neill says.
It was not a joke. O'Neill and her husband, Ted, own Social Strata, a small social media outfit in Seattle. Their business has joined a tiny but growing group: For the first time this year, 1 percent of U.S. businesses say they offer unlimited paid vacation.