Unlimited holiday means Virgin staff can now fly off whenever they want, for as long as they want » SMEInsider

Unlimited holiday means Virgin staff can now fly off whenever they want, for as long as they want

Richard Branson has announced a new policy at Virgin Media Group that allows employees to take as much holiday as they like – as long as their work doesn’t slip.

In a blog post on Tuesday, the billionaire entrepreneur revealed plans to follow in the footsteps of companies like Netflix and Upworthy by abolishing annual vacation limits. The group has already abandoned 9-5 working hours, giving employees autonomy over how they spend their time and switching its focus from presenteeism to results.

Explaining his decision, Branson referred to the Netflix’s internal Reference Guide on our Freedom and Responsibility Culture, which states: “We should focus on what people get done, not on how many hours or days worked. Just as we don’t have a nine-to-five policy, we don’t need a vacation policy.

It is always interesting to note how often the adjectives ‘smart’ and ‘simple’ describe the cleverest of innovations – well, this is surely one of the simplest and smartest initiatives I have heard of in a long time and I’m delighted to say that we have introduced this same (non) policy at our parent company in both the UK and the US, where vacation policies can be particularly draconian,” said Branson.

Assuming it goes as well as expected, we will encourage all our subsidiaries to follow suit, which will be incredibly exciting to watch.”