Microsoft is shedding its paid time off vacation policy for an unlimited one where staff don't need to accrue vacations or log paid leave days. Microsoft's chief people officer Kathleen Hogan announced the move in an email to US employees, detailing how it's bringing a more "flexible model" to its vacation policy.
So-called unlimited paid time off policies have become a popular tool to attract and keep talent in tech, finance, and other sectors facing staff shortages. According to The Verge, which viewed the memo, Microsoft is calling its policy "Discretionary Time Off". Also: 'Find something you're passionate about.' Five ways to build a career path that works for youThe new policy kicks off on January 16 and applies to new employees too, who no longer need to accrue vacation time.