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Management 13th Edition by John Schermerhorn,Daniel Bachrach
Edition 13ISBN: 978-1118841518Management 13th Edition by John Schermerhorn,Daniel Bachrach
Edition 13ISBN: 978-1118841518 Exercise 3
THINK BEFORE YOU ACT
"We want responsible people who are self-motivating and self-disciplined, and we reward them with freedom."
Want Vacation No Problem, Take as Much as You Want
How about a job with "unlimited" vacation Sounds unreal, doesn't it But don't be too fast to dismiss the idea. Some fashion-forward employers are already doing it. Netflix is one. The firm prizes what CEO Reed Hastings calls its "freedom and responsibility culture." One of the things that brings this culture to life is how vacation time is handled. Hastings says this about the Netflix culture and vacation policy: "We want responsible people who are self-motivating and self-disciplined, and we reward them with freedom. The best example is our vacation policy. It's simple and understandable: We don't have one. We focus on what people get done, not on how many days they worked."
Netflix used to follow what Hastings calls a "standard vacation model," but finally realized it was just "an industrial era habit." He wonders why employers should track vacation days when people don't keep track of the number of hours they work And he sets the example. "I make sure to take lots of vacation... ," says Hastings, "and I do some of my creative thinking on vacation."
The Society for Human Resource Management reports that only about 1% of employers offer unlimited vacation time. Many of them are smaller organizations. Red Frog Events is an entertainment organizer with 80 full-time employees who get to take vacation when they want. The firm's HR director hasn't found any major abuses. Dov Seidman, CEO of the 300-employee firm LRN, also offers unlimited vacation time. He says: "People are a lot more honest and responsible when they are trusted."
YOUR TAKE
So, is this approach to vacation time something that more employers should be planning Is it the next hot thing sought by new college graduates What are the risks and limits for employers, if any How about the "motivation" issues Would this be a turn-on for you, something that would keep you productive and loyal If unlimited vacation time is such a good idea, why aren't more employers doing it
"We want responsible people who are self-motivating and self-disciplined, and we reward them with freedom."
Want Vacation No Problem, Take as Much as You Want
How about a job with "unlimited" vacation Sounds unreal, doesn't it But don't be too fast to dismiss the idea. Some fashion-forward employers are already doing it. Netflix is one. The firm prizes what CEO Reed Hastings calls its "freedom and responsibility culture." One of the things that brings this culture to life is how vacation time is handled. Hastings says this about the Netflix culture and vacation policy: "We want responsible people who are self-motivating and self-disciplined, and we reward them with freedom. The best example is our vacation policy. It's simple and understandable: We don't have one. We focus on what people get done, not on how many days they worked."
Netflix used to follow what Hastings calls a "standard vacation model," but finally realized it was just "an industrial era habit." He wonders why employers should track vacation days when people don't keep track of the number of hours they work And he sets the example. "I make sure to take lots of vacation... ," says Hastings, "and I do some of my creative thinking on vacation."
The Society for Human Resource Management reports that only about 1% of employers offer unlimited vacation time. Many of them are smaller organizations. Red Frog Events is an entertainment organizer with 80 full-time employees who get to take vacation when they want. The firm's HR director hasn't found any major abuses. Dov Seidman, CEO of the 300-employee firm LRN, also offers unlimited vacation time. He says: "People are a lot more honest and responsible when they are trusted."
YOUR TAKE
So, is this approach to vacation time something that more employers should be planning Is it the next hot thing sought by new college graduates What are the risks and limits for employers, if any How about the "motivation" issues Would this be a turn-on for you, something that would keep you productive and loyal If unlimited vacation time is such a good idea, why aren't more employers doing it
Explanation
Verified
Verified
In the present case some of the companie
Management 13th Edition by John Schermerhorn,Daniel Bachrach
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