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

In: The Future of Work

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  • Daniela Rindone

    (CMS Deutschland)

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.

Suggested Citation

  • Daniela Rindone, 2024. "Trust Vacation—“Unlimited” Vacation as Part of an Innovative Working World," Springer Books, in: Inka Knappertsbusch & Gerlind Wisskirchen (ed.), The Future of Work, pages 127-134, Springer.
    • Handle: RePEc:spr:sprchp:978-3-658-45150-9_16
    DOI: 10.1007/978-3-658-45150-9_16
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