Unlimited paid vacation? Some firms trying it

Accountability, right industry can make approach work
By Shannon Klie
|Canadian HR Reporter|Last Updated: 11/15/2010

While most companies think offering three weeks’ vacation to start is a progressive approach to paid time off, at least one Canadian company is giving employees the freedom to take as much time as they want, whenever they want it.

In September, Social Media Group, a Toronto-based social marketing company that counts Ford and SAP among its clients and has about one dozen employees, began offering employees unlimited time off.

“We really want to recognize the contribution of our people and how much effort they put into the work,” said Leona Hobbs, vice-president at Social Media Group.