John Dean: Developing a global 'paid time off' strategy

clock • 4 min read

Some companies - including the likes of Netflix, Virgin and LinkedIn - have moved towards offering unlimited paid leave for staff: the workplace is evolving

Taking holidays from work is crucial to boost our health and wellbeing, and holidays benefit business. They improve employee engagement, retention and recruitment, help staff feel valued and they tend to return from holidays refreshed and motivated.  Determining the right policies around paid time off however, can be difficult, particularly for companies with global employees. Every country has its own rules, regulations and standards when it comes to holidays and trying to attempt a "one-size-fits-all" strategy for paid time off can be challenging. Employers need to consider facto...

To continue reading this article...

Join COVER for free

  • Unlimited access to real-time news, key trend analysis and industry insights.
  • Stay on top of the latest developments around health and wellbeing, diversity and inclusion and the cost of living crisis.
  • Receive breaking news stories straight to your inbox in the daily newsletter.
  • Members only access to monthly programme 'The COVER Review'
  • Be the first to hear about our CPD accredited events and awards programmes.

Join now

 

Already a Cover member?

Login

More on Employee Benefits

Zurich launches Precision Cancer Care

Zurich launches Precision Cancer Care

Second medical opinion service also launched

Cameron Roberts
clock 07 April 2025 • 1 min read
Howden completes Barnett Waddingham acquisition

Howden completes Barnett Waddingham acquisition

Deal announced on 25 March, 2025

Jaskeet Briah
clock 07 April 2025 • 2 min read
SMEs to change employee benefit offerings amid NICs increase

SMEs to change employee benefit offerings amid NICs increase

Some 22% to cut benefit offerings

Jaskeet Briah
clock 07 April 2025 • 2 min read