Trust Vacation—“Unlimited” Vacation as Part of an Innovative Working World

Daniela Rindone ()
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Daniela Rindone: CMS Deutschland

A chapter in The Future of Work, 2024, pp 127-134 from Springer

Abstract: Abstract The concept of trust-based vacation can be a decisive factor in times of (further) development of modern work forms and the recruitment of valuable specialists. For example, the so-called “unlimited PTO (paid time off)” is widespread in the USA. In Germany, this compensation component is still used cautiously—therefore, the construct is primarily found in the start-up or tech scene. However, the idea of trust-based vacation should not be underestimated in the design of “New Pay” processes. Because a significant aspect for employees will be in the future: time is money.

Date: 2024
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Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-3-658-45150-9_16

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DOI: 10.1007/978-3-658-45150-9_16

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