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Online financial advice firm allows unlimited time off

by on
in HR Management,Human Resources

Executives at Alexandria, Va.-based The Motley Fool expect the web-based financial advising firm’s 180 employees to get their work done. Once they do, they can take as much time off as they want—with pay.

The firm doesn’t track vacation time, and employees don’t accrue it. Rather, they’re given the leeway to take what they want. Most take three to five weeks off a year.

“We expect you to be responsible, get permission from your supervisor, not abuse it and get your work done,” says HR Director Angelique Keenley.

Employees can take three weeks off at a time. Those who want more consecutive time off need permission from a supervisor.

And they can win two consecutive weeks off in an annual lottery. The winner has to use the break immediately after the drawing. “That person has to leave then and there and take time off and go somewhere and do something really neat and come back to the company and report on it,” Keenley says.

One winner whose family had been affected by Hurricane Katrina spent her two weeks helping communities in Louisiana.

Angelique Keenley at akeenley@fool.com.

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