Unlimited vacation: Can it work for your company?

In a recent interview, Richard Branson, founder of The Virgin Group, announced a vacation “non-policy” that allows his personal staff—some 170 employees—to take as much vacation as they want, with no one keeping tabs. (We’re assuming employees of Virgin Atlantic have a more traditional setup, if only because it’s more practical for a business like an airline.)

At ShortStack we have a similar vacation benefit, only we call it “take what you need.”

Branson and I are in a tiny minority: Roughly 3 percent of businesses in the United States offer unlimited vacation. Many of those are major tech sector players, including Netflix, Zynga, Groupon, HubSpot and SurveyMonkey.