New Delhi: Microsoft will give its employees “unlimited time off” in the US, no longer requiring them to formally record leave. According to The Verge, the new ‘discretionary time off’ policy will apply to all employees on the payroll. According to an internal email to employees, “How, when, and where we do our work has changed dramatically. And as we’ve transformed, modernizing our vacation policy into a more flexible model was a natural next step.” It was a step.”
However, the tech giant’s hourly employees won’t get unlimited time off and neither will employees outside the US. Changes in the vacation policy will start from January 16. According to the report, the new employees of Microsoft also do not have to wait any longer for the vacation. ,ALSO READ: Retail inflation eases from 5.88% in November to 5.72% in December: Government data,
It added, “Microsoft will offer this new unlimited time off policy as well as 10 corporate holidays, leave of absence, leave for illness and mental health, and time off for jury duty or bereavement.” Those with unutilized leave balance will get lump sum payment in April. ,Also read: Budget 2023: PAN card can be used as a single business ID; deets inside,
Employees outside the US will retain their current vacation benefits due to different laws and regulations in their countries. Some other companies, such as Salesforce, Oracle, and Netflix, also offer unlimited uptime policies for employees.